Extreme Trade Updates (5/22/18)
May 23, 2018The 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 $71.35. 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 $80.62.
WTW stock at $67.66 — exited half
We still hold the second half of the WTW stock, which last traded at $79.90. 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 $32.86 and remains a long-term hold at this point from oversold conditions.
AMGN June 15, 2018 175 calls — $5.70
AMGN now trades at $178.36 a share. We have a price target of $180 on the stock. The calls last traded at $6. Hold.
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 $122.91.
Bristol Myers Squibb (BMY) stock — $51.25
BMY June 15, 2018 52.50 calls – $1.80
BMY last traded at $52.34. Hold the stock and the calls at this time.