MomentumOptions.com Profit Alert (WU) for 4/30/2020
I have a Profit Alert as shares of WU are pulling back with the overall market.
Western Union (WU, $19.22, down $0.74)
WU June 20 calls (WU200619C00020000, $0.85, down $0.35)
Entry Price: $0.80 (4/28/2020)
Exit Target: $1.60
Stop Target: 95 cents (Stop Limit)
Action: The Stop Limit has tripped on today’s pullback in the stock. I will keep WU on the Watch List for a possible reentry point, but for now, we are out of the position.