Extreme Trade Updates (8/6/18)
August 6, 2018The following trades remain on hold:
Applied Materials (AMAT) stock — $49.90
AMAT currently trades at $49.50. 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 $26.40 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 $92.21. Hold both positions.
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 $47.85. 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 $29.11 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 $55.40 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 $254.11. Hold both trades.
Raytheon (RTN) — $187.12
RTN August 17, 2018 200 calls — $3.85
RTN is back up to $196.16. Hold both positions.
Twitter (TWTR) — $32.68
TWTR September 21, 2018 33 calls — $1.85
TWTR is just beginning to rebound and pivot higher. It now trades at $33 a share.
Facebook (FB) stock– $175.84
FB September 21, 2018 180 calls — $4.80
Facebook exploded nearly $8 a share today. We want to see FB refill its bearish gap. Hold.