Trade Ideas
UOA PRO New Trade Idea RGTI 7-30
6,650 18September 14 calls bought in mostly one order for 2.19 to 2.35 above open interest of 2,716 contracts. Stock 14.25-14.45.
New Trade Idea
Ticker: RGTI
Stock: 14.44
Trigger: 14.56
Expiration Date: 07AUG
UOA: 6,650 18September 14 calls bought in mostly one order for 2.19 to 2.35 above open interest of 2,716 contracts. Stock 14.25-14.45.
RGTI $14.28 Last.
Large Sept. set ATM call buy that appears as the stock is trying to reverse higher after making a new multi-month low yesterday.
Trigger: $14.56, today’s current high.
Strategy 1: Consider the RGTI 07AUG. 13.50 calls for $1.70 projected at trigger level. Week Out ITM Starter Kit that sets up for a roll which can be out as well as up. Market may put more squeezing together but it may not hold at the same time so want to be smahhhht with $s @risk until more dust clears.
Targets: 14.86 (15 SMA currently), 15.46 (20 SMA currently), 16.83, 17.21