Trade Ideas
UOA PRO New Trade Idea BORR 8-11
5,000 18September 5 calls bought in mostly one order for 0.19-0.20 above open interest of 181 contracts. First time on Log in roughly 18 months. Stock 4.15-4.20.
New Trade Idea
Ticker: BORR
Stock: 4.25
Trigger: 4.35
Expiration Date: 18SEP
UOA: 5,000 18September 5 calls bought in mostly one order for 0.19-0.20 above open interest of 181 contracts. First time on Log in roughly 18 months. Stock 4.15-4.20.
BORR $4.26 Last.
Large Sept. set slightly OTM call buy just in front of EPS per TOS.
Trigger: $4.35, 50 SMA if choosing to utilize one as some may simply want to “be in” a position in front of the EPS Reaction after connecting the dots.
Strategy 1: Consider the BORR 18Sept. 4.00 calls for $0.60 projected at trigger level today. UOA Time Match that sets up for a roll.
Targets: 4.64, 4.85, 5.38, 5.69