DJT Calls – My Bullseye Pick of the Week - Bullseye Pick of the Week

DJT options 09/09//24 near $1.60 – 5 days later $3.55 = 121% 

My Reasoning:

My Trade Plan Details:

  • DJT Sept 20 $20 calls near $1.60
  • Stop: Closes DJT below $17
  • Target 1: $20
  • Target 2: $25

My plan is to get started near the open today and buy both stock and options, hopefully near my target entry price, which I list below.

If this trade doesn’t work out, I will use a fairly tight stop with a closing price under $17. That was the recent support from last week.

If things go my way, I think we could see DJT break above $20 soon and possibly even squeeze to $25 if things really go well.

As always, I aim to lock in 30-50% on my trades and ensure I secure a winner when possible. If the trend holds up, I also want to let some positions ride for a bigger win.