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Weekly Three Extreme Trades / Extreme Trade Updates (2/19/19)

Extreme Trade Updates (2/19/19)

February 19, 2019

Here’s what we continue to hold as of February 19, 2019:

Apple Inc. (AAPL) — $168.85
AAPL March 15, 2019 170 calls — $4.55

We recommended these two trades the other week.  Both remain on hold at this time, as shares of Apple trade at $170.45.

Activision Blizzard Inc. (ATVI) — $46.87
ATVI May 17, 2019 47.50 calls — $3.60

After a brief pullback, ATVI is beginning to push higher.  Hold both trades, as ATVI trades at $44.60.

NIO Inc. (NIO) — $7.78

NIO now sites at $7.41 and remains a hold, as well.

Bank of America (BAC) — $28.85
BAC May 17, 2019 30 calls — $1.20

BAC now trades at $29.11 and remains on hold with a $35 price target.

Axsome Therapeutics (AXSM) — $8.02

AXSM is now up to $9.33 a share.  Hold with a target of $15.

Yelp Inc. (YELP) — $35.88

YELP is now up to $39.94 a share and remains on hold, as well.

Square Inc. (SQ) — $59.55 — exited half
SQ March 15, 2019 75 calls — $3.90 — exited half
SQ March 15, 2019 80 calls — $4.05
SQ March 15, 2019 85 calls — $2.75

We took big wins on the SQ February 2019 calls in recent weeks.  We have a near-term price target of $80 on SQ.  It last traded at $75.64.

First Trust US IPO Index Fund (FPX) — $63.45

FPX last traded at $72.31 and remains a long-term hold, as we near some of the year’s most anticipated IPOs, including Lyft.

Etsy Inc. (ETSY) — $50.67

The stock now sits at $54.66 and remains a long-term hold.  We have a price target of $60, near-term.

JNJ February 15, 2019 130 put — $6 — exited half

This trade will expire worthless on Friday.  Thankfully, we did exit half of the trade to secure a win not long ago.

Target (TGT) — $68.50

Shares of TGT remain oversold at a current price of $72.84.  Hold.

Activision Blizzard (ATVI)– $50.55

While the stock did pull back to $44.60, we continue to hold.  It’s still aggressively oversold at this time.

Viking Therapeutics (VKTX) — $11.65

This stock was recommended on November 12, 2018 and remains a long-term hold.  It last traded at $9.08.

MedMen Enterprises (MMNFF) — $4.25

We recommended MMNFF at $4.25.  After testing $5.72, it has since pulled back to $2.87.  Continue holding with a long-term target of $10.

Adobe Systems (ADBE) — $248.96

The stock now sits at $259.45 and remains a hold.  We have a near-term price target of $280.

Raytheon (RTN) — $187.12

RTN is now trading at $184.61.  Hold the stock with a price target of $210.

Twitter (TWTR) — $32.68

Hold the stock.  It’s aggressively oversold at a current price of $31.29.

Goldcorp Inc. (NYSE:GG) — $10.84

GG now trades at $10.90 and remains a hold with a price target of $15.

OrganiGram Holdings (OTC:OGRMF) — $4.98

As the marijuana story heats up on corporate interest and Canadian legalization, stocks such as OGRMF should continue to push higher.  It last traded at $5.72.

Kroger Company (KR) — $29.65

KR is still oversold, now trading at $29.50.  It’s a hold at the moment.