Cheap Options

Hi Shoppers,

Freyr Battery (Ticker: FREY) is on a breakout:

I think it is heading to its previous high of $16.57 and then beyond $17.00.

FREY does not have weeklies, but the Oct. 21 calls don’t look too pricey:

I think the 17 calls have a good shot at becoming in the money.

I would use yesterday’s opening price, the bottom of the green candle, $15.25 as my stop loss level.

Thanks for Reading … See You Thursday Night!

Licia Leslie

Licia Leslie

Licia Leslie

Share This Article

About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

Popular Posts

Categories

Stay Updated

Subscribe to our newsletter for daily trading insights

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST