Think About It

Hi Shoppers,

I don’t have a lot of time so I’ll keep it short and sweet today.

I have a nice quote for you to ponder and a trade idea.

Please do yourself a favor and take a few minutes to think about this and who said it:

“What a wonderful thought it is that some of the best days of our lives haven’t even happened yet.” – Anne Frank

 

 

Good reminder, especially when we are complaining about something in our own little worlds.

 

Once you have finished your pondering, go here for a look at Ford (Ticker: F).

 

Have You Driven a Ford Lately?

I think Ford (Ticker:  F) may be forming a double bottom here:

F could trade back up to $12.25, possibly $13.

With the holiday on Monday, I would look at the July 15 calls:

The 11 calls could be had for around $.50 today, I suspect.

Trade Review

Last time, I called for Nio (Ticker: NIO) to trade from $22.36 to $20.39. It traded $20.60 on Wednesday, making those July 08 22 puts at a buck a nice winner.

Kinross Gold Corp (Ticker: KGC) is one sick puppy. That stock will not bounce until gold futures trade higher.

Thanks for Reading … See You Next Tuesday,

Licia Leslie

Andrew Giovinazzi

Andrew Giovinazzi

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About the Author

Andrew Giovinazzi

Andrew Giovinazzi

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.

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