The retail sector is booming this summer as investors shake off inflation fears, and today, I’m bringing you a profit play on the cream of the retail crop.
If you’ve been following along at my free newsletter, Straight-Up Profits, you know I haven’t been able to stop talking about Hibbett Inc. (NASDAQ: HIBB) over the last year or so. And for good reason – it was a staple during lockdowns, as a top seller of at-home workout equipment. That won’t be changing now on the other side of the pandemic, as the go-to one-stop shop for all your little league, recreational, and pro-sporting needs.
The stock is already up 97% year to date, and the summer runup’s just getting started…
Check out the video below to see how to play it…
Trade Details…
Action to Take No. 1: Buy to open HIBB Oct. 15, 2021 $90 calls (HIBB211015C00090000) using a limit order of $11.
And don’t miss this exit recommendation on our U.S. Steel Corp. (NYSE: X) position…Action to Take No. 2: Sell to close X July 16, 2021 $10 calls (X210716C00010000) using a limit order of $14.10 (a target profit of 550%).
Bitcoin’s Weakness = Your Opportunity
If you’re just watching Bitcoin headlines, you probably think crypto’s dead in the water. But Tom Gentile’s microcurrency trades have crushed it – even when Bitcoin is taking it on the chin.
All of his closed trades in 2021 would’ve made you a 13X return. And Tuesday, July 6, he’ll be releasing a new trade that could generate your next triple-digit (or bigger) profit by year-end. Get the details here.
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About the Author
Chris Johnson (“CJ”), a seasoned equity and options analyst with nearly 30 years of experience, is celebrated for his quantitative expertise in quantifying investors’ sentiment to navigate Wall Street with a deeply rooted technical and contrarian trading style.