Trade Ideas
UOA PRO Update PBR 7-22
10,000 18December 22 calls bought for 0.75 above open interest of 7,005 contracts; 10,000 18December 30 calls sold for 0.12 above open interest of 2,718 contracts; 10,000 18December 15 puts sold for 0.53 below open interest of 17,960 contracts; 10,000 18December 8 puts bought for 0.06 above open interest of 2,317 contracts. Stock 18.86.
Status Update
Ticker: PBR
Stock: 19.07
Expiration Date: 21AUG
New UOA: 10,000 18December 22 calls bought for 0.75 above open interest of 7,005 contracts; 10,000 18December 30 calls sold for 0.12 above open interest of 2,718 contracts; 10,000 18December 15 puts sold for 0.53 below open interest of 17,960 contracts; 10,000 18December 8 puts bought for 0.06 above open interest of 2,317 contracts. Stock 18.86.
UOA PRO New Trade Idea PBR 7-21
Ticker: PBR
Type: Bullish 3-Way
Stock: 18.42
New Trade Idea
Ticker: PBR
Stock: 18.42
Trigger: 18.46
Targets/Resistance: 19.04, 19.87, 20.38, 20.89
Expiration Date: 21AUG
UOA: 5,000 18September 22.50 calls bought in mostly one order for 0.55-0.67 above open interest of 2,139 contracts. Stock 19.29-19.35.
PBR $18.41 Last.
Sizeable Sept. set OTM call buy. Nice move off the late June lows was followed by relatively bullish consolidation and it is now lifting again. A little OB in the ST (2Hr Chart) but otherwise shaping up nicely.
Trigger: $18.46, today’s current high.
Strategy 1: Consider the PBR 21Aug. 17.50 calls for $1.30 projected at trigger level today. Front Month ITM Starter Kit.
Targets: 19.04 (100 SMA currently), 19.87, 20.38, 20.89