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TickmanX
Nov 25, 2020 8:12 PM

FIT - Long  Long

Description

A sleeping giant
Price will breakout soon
Comments
mmachemist
Volatility on FIT is the lowest its been in 5 years (Measuring Nov --> Nov of each preceding year). Currently buying LEAP calls at $8-10 strikes. Also, shorter term (3-9 month) calls at $7. If up-trending volatility increases significantly in the next few months (>$1-2 swings) the spike in call premium due to increased implied volatility will be a nice bonus to the intrinsic value of each call option.
Cal77768
nice bullish flag
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