Extreme Trade Updates (5/21/18)May 21, 2018
The following trades remain on hold:
Activision Blizzard (ATVI) at $66.25
We recently took a win on the ATVI calls and still hold the ATVI stock, which last traded at $72. Continue holding the stock.
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 $81.70.
WTW stock at $67.66 — exited half
We still hold the second half of the WTW stock, which last traded at $79.50. We exited the first half last week, along with the WTW July 2018 70 calls.
TWTR stock at $31.67
TWTR June 15, 2018 32 calls at $2.93
The TWTR stock last traded at $33 and remains a long-term hold at this point from oversold conditions.
AMGN June 15, 2018 175 calls — $5.70
AMGN now trades at $177.50 a share. We have a price target of $180 on the stock. Hold the calls.
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 $124.50.
Bristol Myers Squibb (BMY) stock — $51.25
BMY June 15, 2018 52.50 calls – $1.80
BMY last traded at $52.60. Hold the stock and the calls at this time.