$LL Lumber Liquidators

From a chart perspective stock stock has found a short term base upon which a possible relief rally may be forming.  While I would not want exposure to their flooring products, I may expose myself to a few call contracts in anticipation of a move higher.  I'm not expecting $80, just a move over $20 will due.

Here is a trade I am looking at:

October $18 monthly calls for $.70

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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