CELH – My Bullseye Pick of the Week - Bullseye Pick of the Week
My Bullseye pick this week is to buy (CELH) call options.
CELH calls near $1 – 9 days later $3.25 = 225%
My Reasoning:
My Trade Plan Details:
- CELH April 11 $35 calls near $1.00
- Stop: Closes CELH below $32
- Target 1: $38
- Target 2: $42
In fact, I have zero positions right now as I head into trading this week. There was just nothing that looked great to me as Friday closed, so I figured I would just come to work 100% cash on Monday and get back to work.
Last week’s idea with TSLA worked out phenomenally, if you watched that one.
The options made a move of more than 250% a few days after I alerted them, something that was very rare.
This week, there are not many great-looking setups to the long side, and I don’t really want to hold short trades overnight right now either (though I wish I did over the weekend!)
One of the best-looking stocks I see right now is an early-stage recovery, and one of my favorite stocks from the past.