Extreme Trade Updates (6/11/18)
June 11, 2018 - 7:37pm ESTBUY @ $
The following trades remain on hold:
Applied Materials (AMAT) stock — $49.90
AMAT July 20, 2018 50 calls — $2.50 — exited half
On June 6, 2018, we recommended exiting half of the AMAT July 20, 2018 50 calls as they traded at $3.60 from an entry of $2.50. Continue holding the second half of the calls, and the AMAT stock, which last traded at $51.15.
Canopy Growth (CGC) — formerly TWMJF — $29.75
Canopy Growth was just added to the NYSE. The stock is now up to $30.56 and remains on hold.
Campbell Soup Company (CPB) stock — $34.20
CPB August 17, 2018 34 calls — $1.80
CPB now trades at $34.05 and remains a hold at the moment.
Activision Blizzard (ATVI) at $66.25
ATVI August 17, 2018 77.50 calls — $2.36
ATVI last traded at $74.29. Let’s continue holding the stock and the calls, which we recommended in the June 6, 2018 updates.
PayPal Holdings (PYPL) at $75.90
We already exited the PYPL May 2017 75 calls for solid wins. Let’s continue to hold the underlying stock, which last traded at $84.45.
WTW stock at $67.66 — exited half
We hold the second half of the WTW stock, which last traded at $85.35. We exited the first half last week, along with the WTW July 2018 70 calls.
TWTR stock at $31.67
We took a great win on the TWTR calls the other day. We still hold the TWTR stock, which last traded at $41.30.
JNJ June 15, 2018 125 calls — $4.55
JNJ is also still aggressively oversold at this point. We’re holding with a target price of $129. It last traded at $122.25.
Bristol Myers Squibb (BMY) stock — $51.25
BMY June 15, 2018 52.50 calls – $1.80
BMY last traded at $52.51. Hold the stock and the calls at this time.