CREE Earnings Tuesday After the Bell, Calls or Puts?

CREE this stock tumbled last earnings, I think we can see an opposite reaction Tuesday after the bell. Calls are worth the risk and $26 is the target. The $24 calls are going for $.76, I think those will be good for a triple come Wednesday.

Good luck.

Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

More Posts by UPB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

One thought on “CREE Earnings Tuesday After the Bell, Calls or Puts?”

Leave a Reply