Echo Trade Entry – AVIR
Buy SHARES or $50 Nov-19 calls $7.05 (plus or minus $0.30) OR BUY SHARES. The implied volatility is a little crazy at 175% on AVIR, you might want to buy shares to take advantage of this move (or some of the alternate plays like selling a put below the support around $35). Target 1 is $48.75, Target 2 is $51.50.
You are welcome to use different strikes, expiration, or even directly use stock.
Buy SHARES or $50 Nov-19 calls
$7.05 (plus or minus $0.30) OR BUY SHARES
Target 1 $48.75
Target 2 $51.50
If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.
Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.