It’s Time for a Vacation and a Profitable Trade

Posted On June 2, 2022 2:20 pm
By: Steve Smith

Earlier today I sent this alert to my Options360 members.

ABNB should be the beneficiary of a strong travel season.

This morning the stock turned red to green and the chart looks like it could be forming a small bull flag.

Let’s establish a short-term, slightly out-of-the-money diagonal which will benefit from a quick run above the $123-$124 level.

I know the write-up on this one isn’t in-depth, but it didn’t need to be. We are heading into the traveling season and the technicals are there…

So we put on a trade.

Feel free to use this to add ABNB to your watch list…

Or if you want the trade I recommended, just click here and take a 30-day test drive with Options360.

It’ll be the best $19 you ever spent, I promise!

To Your Success,

Steve

PS. For just $19 you’ll get a full month’s worth of recommendations, trade management, 2 training webinars, and hundreds of hours of archived training sessions.

In other words, if you use what you get – you can get thousands (maybe tens of thousands) of dollars of value for just $19.

Start right now! Click here and claim your trial subscription.

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.

It’s Time for a Vacation and a Profitable Trade

About author

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