Latest Options Hotline Reco, +42% In A Single Session
This past Sunday, I emailed our great subscribers my Options Hotline bulletin. As to the market I wrote, “We could see exaggerated swings in both directions…,” and recommended buying the Twitter January $32 call option for $1.90 or less good this week. As usual, I included my Candlestick chart, info on support, resistance, price objective, and rationale for the reco.
When trading resumed, Trump’s tweets bout his lovely dinner in Argentina with Xi had Financial talking heads and buyers all atwitter. Bulls ran the market up early on Monday, but reality ensued and stocks started to slip. Twitter fared well and our entry price was not met. The low trade in the option was $2.25. Tuesday saw the option trade up to $3.30, before shares of the global self-expression platform declined with the overall market. Sellers stepped up and buyers stood aside. I only consider a recommendation triggered if it trades at or below our recommended price during the week.