New Trade (WU) for 4/7/2021

11:50am (EST)

I have a New Trade on a stock that is showing signs of breaking out. These are “cheap” options that could double if shares break above key resistance.

New Trade!

Western Union (WU, $25.20, up $0.08)

Buy to Open WU May 26 calls (WU210521C00026000, $0.60, unchanged)

Action: I like these call options at current levels and you can use a Limit Order up to 70 cents to get the best fills. These are the regular WU May 26 calls that expire on May 21st, 2021.