$FIVE Above – Five Below Rockets Higher Post Earnings

fivebelow

$FIVE below is Above $40 after hours and looks poised to take out the $45 level tomorrow. $FIVE's been down for quite a while, short interest has been growing, and analysts continued to be negative on the stock. I covered this stock in Sunday nights live

optionmillionaires.com webinar:

http://stks.co/e0N6H

I also covered this stock earlier this year along with $BIG. $BIG was trading in the $26's at the time and recently soared over $12 or almost 50% higher.

http://www.optionmillionaires.com/record-retail-short-interest-big-five/

biglot1

Following the mantra of $FIVE below I decided not to get into any options for more than $5. In the dittotrade.com follower account, my followers and I, entered the $FIVE $40 calls at $1.40. Barring a limit down open for stocks tomorrow those calls should be looking pretty good.

ditto1

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.

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