Did You Miss This Trade?

Did You Miss This Trade?

Posted On April 28, 2022 1:31 pm

Things are hopping here at “360 Central” (that is my home where I manage Options360 and Earnings360).  

As I mentioned yesterday I am overseeing a number of different trades and keeping an eye on 2 full watch lists waiting for a good time to grab some profits.  

Today I found a trade I am very excited about, and I wanted to share some of the research and reasoning with you. 

Here is an alert I sent to subscribers to my concierge trading service Options360:

New bullish play in United Parcel Service (UPS). On Tuesday the package shipment company posted better than expected numbers beating on both top and bottom line and saying it is able to deal/pass on higher costs. The initial stock move was up but during the conference call, the CEO said he expected a continued slowdown in volumes had the stock reverse lower… selling accelerated along with broader market weakness.

Ultimately the company reaffirmed guidance and boosted its buyback.

I think this represents a buying opportunity.

The chart looks good as the old low around $184 held and now a possible bullish reversal is in place.

ups stock chart 2022

Feel free to use this to create your own trade, or click here and take advantage of a trial subscription to see the trade I recommended.  (It wouldn’t be fair to give you the specific recommendation when subscribers have to pay for it – but I don’t mind sharing the research with you here for FREE)  

I hope you can do something with this information, or that you take me up on my invitation to try out Options360 for just $19.  

Either way here’s…

To Your Success!


About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.