Trade Findings and Adjustments 06-20-2019
What’s pushing markets up today?
Fed indicating a rate cut this year most likely.
From Tuesday the 18th:
BTO BIDU June 2020 — $135 Strike Leap Long Calls. Filled at $11.28
AOBC – had earnings beat and could head back up to $12
BTO Jan 20 $10 strike long Call for $1.13
STO Jan 20 $12.50 strike Long Call $.38 cents
$12 is the 50 day moving average resistance level.
Cost basis is $.75 cents.
Nice and cheap contracts to see if it runs up after earnings beat and guns sales toward the fall.
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