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


My Bullseye pick that I want to buy this week is (ZM) calls.

ZM options 12/20/24 near $1.30  – 1  days later $2.05 = 57%

My Reasoning:

My top target this week is an old favorite of mine back from the early Covid days (hard to believe that is almost 5 years ago now?!)

This stock surged from obscurity to becoming on of the high-flying darlings of the time, gaining almost 1000% at one point.  

Of course, the stock crashed eventually, and gave all of those gains back (and more!)

Most people gave up on this stock, and it has been “dead money” for the last couple of years.

However, it has been perking up lately

The stock has a lot going for it right now with a breakout above recent resistance of $85, and both weekly and daily “GO” trends in place again.

This reminds me a lot of my LULU pick recently (another stock the market gave up on), and we all know what happened there.