Archive Category: Max Profit Alert (Alerts)

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…

I have a new put-write trade for you this week! It’s on a telehealth company that’s quickly become a leader in its field, despite being a very small company just three years ago, when I initially recommended the stock to my 10X Profits subscribers, who are currently up more than 700% on the position.

Last week, we began repopulating our portfolio by adding two new put-write trades, one on Urban Outfitters (URBN) and one on Kroger (KR). Today, we’ll add a bullish long-call position on a top-rated industrial sector stock, giving us a well-rounded approach for current market conditions. Let’s get to it!

Shares of Urban Outfitters (URBN) have jumped more than 20% higher this morning in reaction to the company’s latest earnings report. This is a highly favorable move for us, as we just made a put-write trade on the stock on Tuesday. URBN’s rally all but guarantees we’ll walk away with a profit on this trade, though the puts we sold don’t expire until June 20, and there’s little sense in waiting that long to close the trade.