By Licia Leslie
September 27, 2024
Hi Shoppers,
Morgan Stanley (Ticker: $MS) is breaking out and looking to trade higher:
Reaching those previous highs in July takes it up to $107.
Looking at next week’s calls:
The 105 calls are a good deal and I bet you can make at least a buck on those.
Wait until $MS trades higher before hopping in and use a close below $103.70 as your stop loss.
Trade Review
I sure hope you hopped into Nvidia (Ticker: $NVDA) as it traded well over $126!
Thank You for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain