Tons of constructive setups, which usually means the market is getting ready to make its counterpunch, but nonetheless…
FOUR 0.00%↑ just looks like it wants to retest prior highs, and has strong fundamentals supporting it.
I’ve personally gotten exposure with $100 LEAP’s. I expect that if this builds the momentum to get back to ‘21 highs, it probably keeps going from there. Option Vol is down at 52 week lows, which means premiums aren’t inflated. I typically manage this type of trade with a 20% stop loss. This is a name I intend to keep on the radar.