General Electric (GE) is a recent earnings winner, and right now it has a nice setup on the 130 minute chart. I’m going to focus on the $200 calls out into March (3/21). For a stop I’ll be looking at under $196. My target is $212. Overall, it’s $4 worth of risk for $10 worth of movement.
If you want more trade setups like these, I recommend joining me in Daily Profits Live. I’ve been focusing on short-term trades in these choppy markets, and last week I closed a 112.84% winner on CAVA in 1 trading day.
“Great play on ROKU Bryan. A nice 42% gain (in 3 trading days).”
– RickR
“I closed the 2 shares/contracts I opened (on FLG puts) at $.45 for $.17. Had a BTC order, 1 at .19 and 1 at .15. Closed Mon & Wed, at 62% profit (in 90 trading days). Thanks, Karim.”
– PamelaH
“Thanks Nate. You did me another solid. Stopped out at NFLX with a 50% profit in a matter of 12 minutes. Thanks.”
– Keeters
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