Check its history and you’ll see that typically within 2-3 months after it breaks the 30RSI it goes up 50-150% in price within just a few months! Some of those times it doubled in just 2 months.
History repeats itself and I don’t want anyone missing this one! $50 strike calls for September/December will pay handsomely. Short term grab $55 July calls for just .10-.15 each as they have earnings the day prior to the contract expiring—lots of volume on that strike also compared to all other strikes/monthly contracts.
I am going “all in” on this trade and will be buying 500 of the December $50c. I expect to more than double my position by the end of September.
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