Trade Ideas
UOA PRO New Trade Idea FIGR 8-17
8,120 21August 35.50 calls bought for 0.80 above open interest of 57 contracts; 8,120 21August 32.50 calls sold for 2.32 below open interest of 12,074 contracts. Stock 34.47.
New Trade Idea
Ticker: FIGR
Stock: 34.47
Trigger: 35.28
Targets/Resistance: 35.75, 37.02
Expiration Date: 21AUG
UOA: 8,120 21August 35.50 calls bought for 0.80 above open interest of 57 contracts; 8,120 21August 32.50 calls sold for 2.32 below open interest of 12,074 contracts. Stock 34.47.
FIGR $34.84 Last.
Large call roll set in front week. Stock powering. Charts are improving but not all the way bullish yet.
Trigger: $35.28.
Strategy 1: Consider the FIGR 21Aug. 35.00 calls for $1.45 projected at trigger level today. Poor Bid-Ask spreads so only go in if really liking it!
Targets: 35.75 (150 SMA currently), 37.02 (200 SMA currently)