MomentumOptions.com New Trade (GT) for 6/24/2022

10:05am (EST)

I have a New Trade on a stock that seems to have formed a nice bottom and is holding prior support from last month. We are going to be a little aggressive as we are going to use the regular July options that expire in three weeks from today.

New Trade!

Goodyear Tire & Rubber (GT, $11.62, up $0.41)

Buy to Open GT July 12 calls (GT220715C00012000, $0.45, up $0.10)

Action: I like these call options at current levels and you can use a Limit Order up to 60 cents to get the best fills. These are the regular GT July 12 calls that expire on July 15th, 2022.