"I Beat The Market Trading 1 Day Per Week. Learn How."

Steven Brooks dominates the market buying stocks for a 99% discount and getting paid to do so!

Join Steven for a FREE training session and learn Steven's secret to timing his trades to see massive returns.

Hurry, seating is extremely limited.

Join Now

Republic Airways Holdings Inc (RJET) is a holding company whose subsidiaries offer commercial air services to destinations in 132 cities in the U.S., Canada, and Mexico. The company’s stock is currently trading around $9.20 in a 52 week rang of $ The stock has been underperforming the market with share prices falling 1.75% over the past 12 months. Stock is down over 6% today but has rallied hard off of its new 52 week lows. On the move higher we have seen aggressive call buying in name. Earlier today a trader bought 2,050 RJET Mar 10 Calls for $0.49. This is a very large block and over 5,600 contracts have now traded on that line. Although the stock is trading below the cloud we believe that this provides a good set up for a trader looking for an aggressive countertrend long.

Trade: Buying the RJET Mar 10 Calls for $0.50
Risk: $50 per 1 lot
Reward: Unlimited
Breakeven: $10.50

Andrew Keene

Pin It on Pinterest

Share This

$7 Options Master Strategy

Check out trading tycoon, Serge Berger, as he reveals the master of all options strategies below.

Watch Now

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy