Option Millionaires

[Makamai]

Aloha – I’ve been monitoring this forum for awhile now. Came across a lotto play that has a lot going for it - Rite Aid (RAD), On Thursday, Rite Aid’s May same store sales were up 0.6% - raised to outperform from underperform by Raymond James. The RAD chart looks extremely bullish. RSI and Full Sto in the power zone, MACD cross over & splitting (increasing MOMO) with increasing volume, and the upper BB should now be a support level. Note: the ask is now $1.84 and the stock rose to $1.82 in afterhours trading on Friday, so although the last two candlesticks based on the normal close formed a bearish Doji Star Pattern, that most likely won’t be confirmed on Monday. The July 2.5 calls were $.10/.15 as of Friday’s close. A lot of room to run. See chart below.