Trade Alert – WDAY/RCL – 6/08/2020
OUR NEXT TRADE IS READY!
Hi everyone! The markets have been on a strong bullish run lately and many stocks are over-extended (meaning they have rallied too far for us to chase). RCL is one of those stocks and we want the stock to retrace before entering the position.
SYMBOL: WDAY
TYPE: Call
STRIKE: 180
EXP: JUL 17
ENTRY: $8.70 or better
TARGET: $14 or higher
STOP: $7
SYMBOL: RCL
TYPE: CALL
STRIKE: 75
EXP: SEPT 18
ENTRY: $9 or better
TARGET: $14 or higher
STOP: $7
IMPORTANT NOTE: This trade will trigger if RCL retraces closer to the $60 area.