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.