Buying EXPE call contracts.
Expedia Group (EXPE) has held up very well despite the overall decline in the broad market. Travel stocks in general are strong as investors anticipate a year full of vacations and business trips ahed.
Buying call contracts at this level gives us a chance to profit if EXPE returns to its recent highs. And buying in-the-money call contracts helps manage risk as these calls will retain some value even if shares pull back.
- Buy (to open) 4 EXPE February 18th $155 Calls
- Limit $25.00 or less
- The new position will represent roughly 9.1% of our Spec Model capital
- 10:40 Executed
- Bot 4 EXPE Feb 18th $155 Calls @ $25