Archive Category: Max Profit Alert (Alerts)

’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.

It’s a busy week for us… I have two new positions for you to add to your Max Profit Alert portfolio today. Both are bullish… One is the purchase of a long call option, which positions us for unlimited upside…