Hasbro Inc. HAS – Options Idea
To start things off this morning, we are looking toward the Hasbro options chain, following the company’s earnings report this morning revealed Q2 beats on sales, profits, and revs.
The stock is gapping up here in the premarket, and we’re going to want to be ready with an options idea for possible quick strike gains to kick off the week. We’re going to track the HAS Weekly $102-105 Calls, and attempt to continue to fantastic options success we have recently enjoyed.
ABM Industries, Inc. ABM
Speaking of fresh options ideas, we’re interested in ABM from a technical standpoint, and will be monitoring the activity in the ABM 08/17 $30-35 Calls.
As you can see on the following chart snapshot, we have a number of favorable indicators in play. In addition to a strong double bottom signal, and a MACD on the verge of going bullish, the stock just last week cracked and managed to hold support at its 50DMA. The RSI is also on the cusp of breaking the 50-line.
All in all, a positive move of at least a few dollars seems very possible, and would likely produce some good chances in our designated calls in that event.
RETA, SBBP, HCLP, CLF, RGSE,