Our options pick this week V (Visa) has already done very well with the stock breaking above $181 per share. We called the $180 June 22nd call options when the stock was trading at $178-$179 and took a position on this past Monday at $4.00 per call. The option was as high as $5.00 per call yesterday. Based on the chart, we could see V move to the $188 price range which would allow for the price of the call to move up considerably in price. Those who bought are in the green and still holding need to check the charts and also be aware of major government reports on Thursday and Friday which may have an effect on the markets in general, positive or negative. Best of luck option players and trade this one wisely.
PC
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