Trade Ideas
UOA PRO Update FIG 7-29
30,000 31July 28.50 calls bough tin mostly one print for 0.09 to 0.20 above open interest of 557 contracts. EPS 08/05 after close. Stock 24.95-25.22.
Status Update
Ticker: FIG
Stock: 25.22
Expiration Date: 31JUL
NEW UOA: 30,000 31July 28.50 calls bough tin mostly one print for 0.09 to 0.20 above open interest of 557 contracts. EPS 08/05 after close. Stock 24.95-25.22.
We will cover UOA through this week as is customary.
UOA PRO New Trade Idea FIG 7-14
Ticker: FIG
Type: Bullish Call Buying
Stock: 24.34
New Trade Idea
Ticker: FIG
Stock: 24.34
Trigger: 25.33
Targets/Resistance: 26.06, 27.28, 28.95, 29.65
Expiration Date: 24JUL
UOA: 4,000 24July 25 calls bought in mostly two orders for 1.20 to 1.41 above open interest of 889 contracts. Follows 17July 28 calls on Log 07/14. Stock 24.05-24.27.
FIG $24.37 Last.
Moderately sized week out NTM call buy. Stock MAY have a double-bottom pattern here that could help launch it as it approaches EPS. The market regaining some momentum would likely help as well.
Trigger: $25.33, 150 SMA currently.
Strategy 1: Consider the FIG 24July 24.00 calls for $2.40 projected at trigger level today.
Targets: 26.06, 27.28, 28.95, 29.6