General Electric Co. GE – In recent months we’ve watched as GE has been hammered back, and it was only recently that the stock began to find support and make a reversal. We’re really paying attention this morning on the heel of the company’s earning release. It’s currently up in the premarket by a significant margin.
We’re going to be looking to take advantage of a possible dip-and-rip scenario here, with a quick strike options trading idea. We want to track the GE Weekly $14-15 Calls*, which should see some nice activity to close out the week.
HoneyWell International, Inc. HON – We also like the chances of some good opportunities with HON, also coming off the premarket earnings calendar this morning with some strong results for the quarter.
Here we’re going to be monitoring the HON Weekly $150 & $152.50 Calls* for possible day-trades.
*Please be advised that trading weekly options on a Friday carries extreme risk which should never be undertaken unless you an expert trader with disposable funds.
AGMH, SSW, ERIC, AYTU, MSCC