KeeneOnMarket

Trader take Bullish Activity in IGT

Long
NYSE:IGT   International Game Technology
2
International Game Technology is in one of many favorite spaces, the gambling space. They designs, develops, manufactures, and markets casino-style gaming equipment, systems technology, and game content for land-based and online markets worldwide. We have seen a slew of Bullish Call activity and even though the stock is trading under the Ichimoku Cloud it might be finding a rounding bottom and test the gap level. A great possible trading idea would to buy Upside Calls in IGT in July. However if I am not an options trader, but a stock trader I could buy IGT at $15.31 with a Stop at $13.81 with Target #1 at $16.01, Target #2 at $16.96 and Target #3 at $19.22. For full disclosure, I currently do not have a position on.

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