Options Trade of the Week
Monday, September 01, 2014
The Nicholas Woodman-led company, GoPro Inc (NASDAQ: GPRO) just continues to soar, and should continue to do so due to the increased interest in what it offers and the continual development of its products.
GoPro went public on June 26, starting as a bootstrapped company – check out the article I wrote for Investopedia on “Companies That Succeeded With Bootstrapping” with GoPro as one of these companies.
Members of Stock-Options-Made-Easy also enjoyed a profit of 114% from a recommendation on July 15, and can be viewed here .
Inc soared again on Friday, up nearly 6.0% to settle at $51.80, reaching an all-time high at $52.13-- just a day after rallying 7.4%. Calls are trading at a fast and furious pace -- at five times the typical intraday volume -- and short-term contracts are being targeted, based on the 9.0% rise (to 62.7%) in GPRO's 30-day at-the-money implied volatility.
Read the rest of the report and find out the recommended options trade …..