(will they cash in?)
September 09, 2024 | Read Online | | | | | | As the presidential debate approaches between former President Donald Trump and Vice President Kamala Harris, political analysts are closely watching the potential impact on the race. | Many believe the debate winner could emerge as the frontrunner for the presidency, highlighting just how tight this contest has become. | However, that hasn't prevented some traders from placing their bets. | In particular, The GEO Group (GEO). | The GEO Group is a private corporation that operates prisons and detention centers in the United States and internationally. It provides services related to the management and operation of correctional facilities, including housing inmates and managing rehabilitation programs. | Last Thursday a trader came in and bought 5,000 contracts of GEO Group (GEO) of September 13, 2024 $13.5 calls for $0.45. | That's a $225K bet that Trump wins the debate. | You see, after the first debate between Trump and President Biden, GEO had a massive surge. | | | | Shares have since come back down, but if Trump can win the debate tomorrow, there's a chance history could repeat itself. | Today we saw over 1900 contracts of the $14 calls trade, and we're now seeing some heavy open interest in both the $13.5 calls and $14.5 calls. | | | | Of course, these options will go to zero if Harris wins the debate. | But this is definitely a stock to watch following Tuesday's showdown. | | Trades You Might Have Missed In The Room… | Buy TGTX at current price with a stop loss below $21.46 and a target of $34. - Gianni
| Buy MSTR at current price with a stop loss below $114.30, and a target of $200. - Gianni
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Don't miss out on the chance to learn "The Golden Setup" from Wall Street insider Tony Rago in his exclusive 90-Day NASDAQ Challenge! CLICK HERE TO CLAIM YOUR SPOT NOW!Don't let inflation crush your dreams. Take control of your financial future today! | | TheoTrade Daily Chatroom ScheduleTuesday, September 10th, 20249:20 AM - 10:30 AM ET:DonStart your trading day with Don as he provides real-time market analysis and insights. 10:30 AM - 11:30 AM ET:BlakeJoin Blake for an in-depth look at strategies to navigate the day's market movements effectively. 11:30 AM - 12:30 PM ET:GianniGianni Di Poce scans the market for potential swing trades, providing valuable insights for both short-term and longer-term traders. 12:30 PM - 1:30 PM ET:BrandonBrandon analyzes unusual options activity, uncovering potential big moves and helping you stay ahead of the market. 1:30 PM - 2:00 PM ET:TonyJoin Tony for an exciting session on trading strategies, learning techniques to enhance your trading skills. 2:00 PM - 3:00 PM ET:JeffThe Professor gives a pivotal market lesson, providing insights that can significantly impact your trading decisions. 3:00 PM - 4:00 PM ET:CoreyClose out the day with Corey Rosenbloom's Playbook, focusing on Range & Trend Strategies to enhance your trading toolkit. Join the Chat Room Now! |
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