Archive Category: Max Profit Alert (Alerts)

Shares of Hims & Hers Health Inc. (HIMS) made a big move against our bullish put-write position in late June when who I’ve dubbed “Nasty Novo” (Nordisk) pulled out of the Wegovy distribution deal it had inked with HIMS just two months earlier. With our position on the ropes, we strategically “rolled” the position both out in time and down to a lower strike price.

’ll be out of the office tomorrow, so I wanted to set up another “profit trap” as one of our positions nears a 50% gain. In May, I recommended a long call option on Fastenal Co. (FAST) as a play into the industrial sector of the market. Here’s what I said at the time about this stalwart “picks-and-shovels” play on the sector:

Today, I have two actions I’m recommending you make… One is to set a profit-taking “trap” on our long-call position in Lam Research (LRCX), which is edging closer to the +50% level at which we typically peel off a one-third portion of the trade. The other involves “rolling” the put-write trade we have open on YPF Sociedad Anonima ADS (YPF).

Shares of Hims & Hers Health Inc. (HIMS) made a big move yesterday, losing around 30% on news of Novo Nordisk ending the partnership it established with the telehealth leader just a month or two ago. In full disclosure, I’ve recommended positions in HIMS in three of my services — this one, Green Zone Fortunes (where we’re currently up around 80%), and 10X Stocks (where we’re still up over 500%, even after the recent drop).

Shares of Kroger Co. (KR) didn’t fully cooperate with the “sorta-bullish” put-write trade we initiated on May 20. Realize, I’m choosing my words carefully… I said shares didn’t fully cooperate since the ideal scenario would have been for the stock to trade higher after our May 20 entry, but instead, it has traded lower.