There were a couple of developments on the chart of the underlying stock that got my attention.
Category: Trade Archives
Pro Traders are Betting MILLIONS on These Stocks… Unusual Options Activity
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•We’ve scanned the market for unusual options activity and identified some of the most interesting mega trades. “Smart Money” traders are betting heavily on AMC Entertainment (AMC), Workhorse (WKHS), Cleveland-Cliffs (CLF) and more.
Upgrades and Downgrades for Thursday, 6/10
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•Here are today’s upgrades and downgrades: UPS, Sherwin-Williams, Fastly, Zoom Video, Anthem, F5 Networks, Continental Resources and more.
Trade ContextLogic (NASDAQ: WISH) for a Potential 25%-50% Return in the Next 3-5 Months
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•With multiple bullish indicators, it’s showing signs of an upcoming price surge.
Trade Luminar’s (NASDAQ: LAZR) Drop to Potentially Double Your Money by mid-August
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•The chart shows a downward sloped trend channel and the stock hit the upper rail yesterday with stochastic indicators in overbought territory.
How to Sell a Call Option on Entegris (ENTG) for High Income
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•We’re targeting annualized yields of 20.8% to 45.5%.
Upgrades and Downgrades for Wednesday, 6/9
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•Here are today’s upgrades and downgrades: Colgate-Palmolive, Wendy’s, Kubota, Abercrombie & Fitch, Fox Corp., Dish, Toto and more.
Trading Bristol Myers Squibb (NYSE: BMY) Could Double Your Money
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•Trending higher since March, the underlying stock is hovering near the lower rail of a trend channel and the stochastic indicators are in oversold territory.
Eli Lilly (NYSE: LLY) Just Broke Out
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•Here are two ways to trade it that offer nearly 2x to 4x more potential upside than downside.
Trending Stock of the Week: How to Trade BlackBerry (NYSE: BB) Right Now
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•Depending on your outlook, here are bullish and bearish ways to trade it with potential upside from 15% to 53% in the next 3-6 months.