Trade Ideas
UOA PRO Update MDT 8-11
2,250 18September 97.50 calls bought in mostly one order for 1.20 to 1.27 above open interest of 1,184 contracts. EPS *estimated* 09/01. Stock 89.89-90.00.
Status Update
Ticker: MDT
Stock: 90.59
Expiration Date: 28AUG
New UOA: 2,250 18September 97.50 calls bought in mostly one order for 1.20 to 1.27 above open interest of 1,184 contracts. EPS *estimated* 09/01. Stock 89.89-90.00.
UOA PRO New Trade Idea MDT 8-11
Ticker: MDT
Type: Bullish Call Buying
Stock: 90.06
New Trade Idea
Ticker: MDT
Stock: 90.06
Trigger: 90.38
Expiration Date: 28AUG
UOA: 12,500 18September 100 calls bought in one order for 0.65 to 0.79 above open interest of 1,704 contracts. Stock 89.72-90.06.
MDT $90.06 Last.
Large Sept. set slightly OTM call buy a few weeks in front of EPS per TOS. Aside from a little ST OBness, the charts look pretty darn good here after a multi-month rally off the lows of the spring. Fighting to take the 200 SMA, the last of them on the way back up and the shorties are upsloping as one would expect, the 50 as well.
Trigger: $90.38, today’s current high.
Strategy 1: Consider the MDT 28Aug. 89.00 calls for $2.90 projected at trigger level today. Sets up for a roll.
Targets: 91.19, 91.94, 93.06, 94.50, 95.56, 96.47, 97.72