Trade Alert: Short Term, Speculative

Bullish options bets on two of our top names down double digits since the market peak.

Two Top Names Down Double Digits

Since the market peak on February 19th, these two stocks have dropped by about 30% and 50%, respectively. On Wednesday night, they both appeared in our top ten names. We’ve had some success recently placing short term bullish bets on our top names, including with the trade below, which we exited yesterday for a 105% gain.

So we’re trying a similar approach with the market down today.

Details below.

Today’s Speculative Trade #1