Trade Ideas
UOA PRO New Trade Idea LAES 8-13
9,649 16October 3 calls bought for 0.29 above open interest of 2,658 contracts; 9,649 14August 2.50 calls sold for 0.25 below open interest of 15,205 contracts. Stock 2.73.
New Trade Idea
Ticker: LAES
Stock: 2.72
Trigger: 2.85
Targets/Resistance: 3.25, 3.64
Expiration Date: 16OCT
UOA: 9,649 16October 3 calls bought for 0.29 above open interest of 2,658 contracts; 9,649 14August 2.50 calls sold for 0.25 below open interest of 15,205 contracts. Stock 2.73.
LAES $2.78 Last.
Large Oct. set ATM call buy. Charts showing signs of a possible upturn IF a little more momentum develops.
Trigger: $2.85.
Strategy 1: Consider the LAES 16Oct. 2.00 calls for $0.95 projected at trigger level today.
Targets: 3.25 (150 SMA currently), 3.64 (200 SMA currently), 3.89, 4.04, 4.90