by Ian Harvey
January 15, 2020
Beyond Meat shares continue to surge upwards. BYND stock is up 55% so far in 2020.
“Armchair Trader Members,” using a call option are now up potential profits of 767%!
More Expected before expiry of the option on February 21, 2020!
Have you profited from BYND?
Beyond Meat shares started to rally last week with a 12.5% surge on January 07 on news Impossible Foods was abandoning its pursuit of a McDonald's deal. BYND rallied further after McDonald's (MCD) announced it was expanding the test of the former's plant-based burger in Canada.
In the previous article “Beyond Meat Volatility Continues!” I mentioned that Bernstein analyst Alexia Howard suggested that Beyond Meat shares growth prospects extended beyond McDonald's with a similar partnership to supply Dunkin Brands Group Inc (NASDAQ: DNKN) as it would represent another "sizable" opportunity.
On Monday this week, Dunkin’ Brands Group Inc. and Beyond Meat ambassador and investor Snoop Dogg introduced The Beyond D-O-Double G breakfast sandwich, to be available at Dunkin’ restaurants nationwide, but only through until January 19.
The sandwich will feature a Beyond Breakfast Sausage patty, egg and cheese, and will be served on a sliced glazed donut.
"Being around my favorite glazed donuts got me inspired, so today we are dropping The Beyond D-O-Double G Sandwich at Dunkin' restaurants nationwide," Snoop said in a press release.
Dunkin expanded to the plant-based food category last November with a custom Beyond Meat patty.
Dunkin will host a "Beyond Bash" on Jan. 24 and Jan. 25 at participating locations where customers can enjoy a free sample of the Beyond Sausage Sandwich. Also, the two collaborated to bring an online pop-up shop that will debut later this month called The Beyond Collection by Dunkin' x Snoop.
Playing The Volatility......
Beyond Meat shares rose again Tuesday to extend the wild ride of the past week.
Yesterday saw Beyond Meat shares begin the market day soaring as much as 18.2% to touch an intraday high of $135.23; but then Beyond Meat shares reversed their upward surge to hit an intraday low of $118.51.
Beyond Meat shares closed afternoon trading at $117.05, up 2.37%.
Volume was 38.9 million shares, to make the stock the most active on the Nasdaq exchange, and more than six times the full-day average.
Beyond Meat shares have now run up 65% just this month.
YOU NEED TO BE IN TO PROFIT!
"Here is the recommended trade on Beyond Meat …..given December 09, 2019…..
The "meatless" meat company Beyond Meat Inc (NASDAQ: BYND) has had a wild ride as a public company. The company announced Thursday that its plant-based burger patties would appear in select Costco stores. The move from the young company comes as competition for retail shelf space intensifies against rival plant-based meat producer, Impossible Foods and others. This move should help propel the stock upwards.
Beyond Meat said that its popular Beyond Burgers will be sold at Costco stores in states including Texas, Florida, and New York for $14.99 per eight-patty pack.
Beyond Meat has been one of the most prolific IPOs of 2019 and currently sits around $76.22 per share, which represents around a 190% return. BYND stock at one point rose over 858% to trade at $239.71 per share.
And at the present time is undervalued below $80 given the company’s long-term growth prospects.....read more.....
Option trade to consider: Buy the BYND FEB 21 2020 80.000 CALL at approximately $6.40.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Profiting from the recommended trade on Beyond Meat…..
Armchair Trader Members were able to enter the trade at approximately $6.40; and for those traders that were still holding the original trade, and exited yesterday when the call option hit $55.50 – allowing for 767% potential profit!
Beyond Meat shares are starting to close the gap after the late-October post-earnings bear gap. However, Beyond Meat shares are suffering a great deal of volatility whilst doing so.
For those traders that can withstand the psychological extremes that Beyond Meat shares are undergoing, then a great deal of profit can be made.
As previously mentioned there's still plenty of pessimism priced into the stock. Of the 12 brokerages covering BYND, eight rate it a "hold" or "strong sell."
A bigger commitment from McDonald's would represent further validation to the plant-based meat industry, which has expanded as more people signal concerns about big agriculture's impact on the environment and where and how restaurants get product.
Were McDonald's to introduce the P.L.T. in the U.S., Beyond Meat's sales could soar to around $910 million in 2021, up from around $280 million last year.
Join us today and see what future trades will be recommended!
The questions remain......Will Beyond Meat shares continue to surge?
Will Beyond Meat shares continue to perform from here?
Will Beyond Meat shares continue to experience extreme volatility?
Will we recommend another options trade on Beyond Meat?
What will “Stock Options Made Easy” advise members to do?
AS ALWAYS THE DECISION IS YOURS!
An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!