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BradenH
May 14, 2019 3:04 PM

Verizon to $61 within the next 2 months Long

Verizon Communications Inc.NYSE

Description

NYSE:VZ for me this is an easy long call. I'm an options trader and will be looking to make profit on the next few weeks of VZ about to have a turn around. I like to try to enter a position before the break has happened and the momenture is underway as option contracts are based majority of the time on current direction. I was able to get in 10+ contact for .22 and a call greater than $61. I have no intention of staying in the position until expiration but looking to exit the trade when my contract sits on about 100% ROI. Any question please feel free to ask.

Trade closed: target reached

Made 230% ROI on my investment for this trade enjoy the rest of your week. I got out yesterday morning (5/20/19) on the gap opening during pre market trading before it pulled back.

Stats:
investment: $220
Return: $510
Total: $730
Comments
simbha
JULY options should bode well. Seasonally good month too.
BradenH
@simbha, That's true. thanks for the Input, I'll check it out.
btw I updated the trade and have exited with profit. Happy trading
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