Trade Alert: Top Names + Utilities
Today's options trade is on our #2 stock yesterday, a utility that should benefit from the growth in AI and EVs.
Aiming For A 200% Gain Again
As I mentioned in yesterday’s trade alert, we currently have three options trades on track for ~200% gains [in Carvana (CVNA 0.00%↑), SalesForce ( CRM 0.00%↑), and Tesla (TSLA 0.00%↑).
Trade Alert: Post-Earnings
Three Trades On Track For 200% Gains As we mentioned in our Exits post on Saturday, two of our open trades were on track for 200% gains, one on SalesForce (), and one on Carvana (). With today’s move in Tesla () shares, we now have three trades on track for 200% gains. The max gain (of about 207%) for our Tesla trade in the post below is with Tesla trading over $205; Tesla is trading at about $229 as I type this.
As with yesterday’s trade alert, we’re aiming for a ~200% gain with this one too.
The underlying stock here is a utility that should benefit from the growth in electric vehicles and AI data centers going forward. It was one of Portfolio Armor’s top names last night (#2), and it has pulled back slightly since its last earnings release, though prices have started to consolidate (indicated by its Chartmill setup rating of 6, on a scale of 0-10).
Our bet is that it hits the higher end of its expected movement after its next earnings release in August.
Details below.
Today’s Top Names Trade
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