Check out the stock chart for Ford Motors (Ticker: F):
F has traded down since June 4, when it hit a recent high of $16.45
The low was $13.74 on Thursday — which is looking like a doji candlestick.
Remember, the doji signifies a change in trend. In this case a reversal from the recent downtrend.
I think F can trade back towards $16, and I think it could happen this week.
So if F opens and trades higher this morning, I will buy the July 16 14.50-strike calls and pay up to $.25.
That is what you call a super-duper cheap quick shot.
Yes, that is a professional term, by the way.
These calls can trade up to $.75 and higher, and that is where I will begin to take my profits.
Thanks for Reading … See You Next Tuesday!