APP options 08/26/24 near $1.60 – 14 days later $17.71 = 1000%

My Reasoning:

My Trade Plan Details:

• APP Sept 13 $95 calls near $1.60
  
• Stop: Close APP below $87
• Target 1: $95
• Target 2: $100

This week, I am targeting a stock that I have been stalking for several weeks.  If you are a member of Bullseye Unlimited (by the way… only 28 seats left before thisincredible price is gone!) then you have seen me talk about this one a lot recently.

I think the trend will continue, and we could see a bigger breakout from these levels.

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

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 $87. That was the recent support from last week.

If things go my way, I think we could see APP could break out to new all-time highs again this week if the market strength continues.  That could lead to $95 or even $100 as upside target #2.

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.