9:30pm (EST)
We have an update on Iridium Communications (IRDM) as shares jumped 11% today.
Alert Update!
Iridium Communications (IRDM, $21.79, up $2.17)
Option: IRDM February 22.50 calls
Expiration Date: February 20th, 2026
Entry Option Price: $0.50 (1/21/2026)
Current Option Price: $1.55
Exit Target: $1.00, raise to $2.00
Return: 210%
Stop Target: $1.10 (Stop Limit)
Action: Set an initial Stop Limit at $1.10 to start protecting our first triple-digit winner of the year. Raise the Exit Target from $1 to $2.
We got the beautiful breakout we were looking for and it only took one day as shares surged to a high of $22.10 on Thursday. The calls peaked at $1.70. We would like to see higher highs into the weekend.