Trade Alert – XLK – 5/7/2020

SYMBOL: XLK
TYPE OF OPTION: CALL
BUY OR SELL: BUY
STRIKE: $91
EXPIRATION: 18 SEP 2020
ENTRY PRICE: $7 (IMPORTANT! THE PRICE OF THIS OPTION IS CURRENTLY $9.20 – WE WILL NOT TAKE THIS TRADE UNTIL THIS OPTION IS AVAILABLE AT $7)
PROFIT TARGET: $14
STOP: $5

Also, watch the recording of our webinar today (recording coming soon) for information and analysis of this trade.