Triple_Barrel_Capital

$RAD Rite Aid approaching inflection point

Long
NYSE:RAD   None
$RAD Rite Aid approaching an inflection point. Risk/reward here looks enticing. Downside risk appears limited.

Betting on the trendline holding with 7/17 $15.00 calls for ~$0.80

Target: $16.00 by mid-July




Note: Educational analysis, not investment advice.
Comment:
Closed out option position for $2.10 per contract => +163% return

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.