Restaurant Brands International, Inc. QSR
This morning, we’re looking at one solid technical setup on QSR in terms of longer-term trade potential. The stock is currently trading just above its annual lows. Owner of Burger King, Popeye’s, and others, QSR had been in a general downtrend since the early Fall, but is now showing signs of a potential turnaround.
We’re going to want to highlight a set of options that we can observe over a period of weeks or even months to take advantage of a possible recovery, so we’ll go with the QSR 03/20 $67.50-70 Calls.
More Fresh Ideas:
TSM Weekly $58.50-60 Calls
MS Weekly $54.50-56 Calls
Delta Air Lines, Inc. DAL – Update
Yesterday, we relayed the multibag intraday gains made by our Monday morning alert on the DAL Weekly $61-62.50 Calls, and for the second straight day, we saw some very strong single session gain opportunities.
You can hit the link above if you want to see what these calls did on Monday, and below we have the intraday moves from yesterday’s session, which were similar in magnitude:
DAL Weekly $61-62.50 Calls
$61: .61-1.09 (+79%)
$61.50: .37-.73 (+97%)
$62: .21-.46 (+119%)
$62.50: .12-.27 (+125%)