$AMED Stock up $10, Options up 3,000%

$AMED prior to this year, I had never heard of this stock or company before.  JB was rather adamant heading into the year, and over the last few months that this stock was undervalued and setting up for a massive rally.... and rally it has!

The stock is up some 35% the last 10 trading days, and today broke the key $40 barrier.  Cheap Out of the money calls bought previously are no longer cheap.   Pennies into dollars.  In this case $.19 into $7.00.  The private twitter feed had two entries into the June $33 calls, both providing some 3,000%+ gain to those who rode them to the promise land.

 What a great way to trade for the upside potential you see in a stock.  There is no one better at it than JB.

Here is the write up on $AMED before it rallied to multi-year highs and broke $40 today.

In a market that's been consolidating in 2015, individual names have shone their light.  $AMED is just one of many providing tremendous profit potential.

Simply going long $AMED would have been a terrific trade with a 30%+ gain.  Going long OTM options worked out even better.  Bottom line.  Whether or not your an options trader or just trade stocks there are some amazing trade ideas in 2015.  Come join the fun at om.com.  A great community, ridiculous trades, and not just stock options.

 

Known 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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