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

CELH options up over 345% in just 13 days

My Trade Plan Details:

  • CELH May 17 $80 calls near $3.30
  • Stop: Close CELH below $70
  • Target 1: $78
  • Target 2: $82

My Reasoning:

This week, I am revisiting a former “rockstar trade” I shared with you a few months ago (the options made a 700% move higher after I picked them a couple of months ago!)

The story here is still excellent.  

I think the stock has bottomed out and is ready to resume the uptrend if the market can hold up this week.

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

My plan this morning is to start a half-sized position on the CELH calls I listed below.  Hopefully, at or near the entry price I listed.

As usual, I’ll send you an app alert as soon as I get filled on the trade and updates on the position during the week.

If this trade doesn’t work out for me, I plan to take a loss if CELH closes under $70, which has been a strong support level.

If things work out well, then I think CELH can hit $78 as my first target and even $82 over the next couple of weeks.  That should lead to a triple-digit profit if I am right.