Trade Findings and Adjustments 06-20-2019

by admin June 25, 2019

written by admin June 25, 2019 0 comments

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 18^th:

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.