Extreme Trade Updates (8/2/18) — Taking Wins
August 2, 2018The following trades remain on hold:
Applied Materials (AMAT) stock — $49.90
AMAT currently trades at $48.10. Continue to hold.
Canopy Growth (CGC) — formerly TWMJF — $29.75
We would reiterate a buy at $29.66, as well
The stock is now at $26.32 and remains on hold.
WTW stock at $67.66 — exited half
WTW August 17 2018 105 calls at $7.10
We hold the second half of the WTW stock, which last traded at $90.76. Hold both positions.
Bristol Myers Squibb (BMY) stock — $51.25
BMY September 21, 2018 57.50 calls — $2.04
BMY last traded at $59.45. Sell the stock here to secure the win. The BMY September 2018 57.50 calls are now up to $3. Take the win.
Square Inc. (SQ) stock — $63.90
SQ August 17, 2018 65 calls — $4.45 — exited half
SQ August 17, 2018 70 calls — $2.75 — exited half
SQ is now up to $72.50. Take the win on the stock. The SQ August 2018 65 calls are up to $8. Take the win. The SQ August 2018 70 calls are up to $3.92. Take the win on this one, too. Congratulations.
Roku Inc. (ROKU) stock — $43.50
ROKU August 17, 2018 44 calls — $5.40
ROKU is still one of the hottest stocks on the market at the moment. It last traded at $46.26. Hold the stock and the calls.
iQIYI Inc. (IQ) stock – $30.85 entry
IQ September 21, 2018 35 calls — $3.50 entry
IQ now sits at $30 a share. Hold both trades.
Okta Inc. (OKTA) stock — $51.25 entry
OKTA August 17, 2018 50 calls — $4.30 entry — exited half
OKTA is now up to $54.57 and remains on hold at this time.
Adobe Systems (ADBE) — $248.96
ADBE August 17, 2018 255 calls — $5.03
After an explosive move higher, the stock has pulled back to $251.70. Hold both trades.
Raytheon (RTN) — $187.12
RTN August 17, 2018 200 calls — $3.85
RTN is back up to $197.35. Hold both positions.
Congratulations on all wins so far. We’re looking to take even more wins shortly.