GoPro, Inc. (GPRO)

[twostocks]

I saw that. and am going to watch...

GPRO very closely in the near term. The 100 contracts I purchased were cheap and rose quickly with the stock. I did a net double in two days subtracting commission.

Had I pulled the trigger on the 5.5 calls when GPRO was at 5.28 I could have almost 5x my money, but there was one small red day which I probably would have sold my position leaving me around a 3x the money.

I agree with you, GPRO is a good looking long play here near term. To me there earnings looked like a reversal for the company near term. Options are a great way to maximize a return if your timing is right. Remember to take your profit cause the do expire.

I did purchase the stock first, but after checking the option prices and close spread they had, realized that was the best bang for the $$$, selling the stock and buying the calls.