Momentum Trades

MomentumOptions.com Profit Alert (PBR) for 6/9/2023

3:25pm (EST)

We have a Profit Alert ahead of the closing bell as our PBR trade has netted us a 243% return.

Profit Alert!

Petróleo Brasileiro (PBR, $13.70, up $0.55)

PBR July 12 calls (PBR230721C00012000, $1.70, up $0.55)

Entry Price: $0.35 (5/26/2023)
Exit Target: $1.80 (Limit Order) (closed 1/2 at $0.60 on 6/5/23)
Return: 243%
Stop Target: 90 cents (Stop Limit)

Action: The Limit Order at $1.80 has triggered on the other half of the trade with shares testing an intraday high of $13.81 and the calls peaking at $1.80.

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