Buying EXPE call contracts.
Expedia Group (EXPE) is a leading online travel agency. The stock pulled back sharply during the pandemic, and more recently as investors worried about the potential for recession.
But the stock found support in July and should benefit from strong spending on travel and entertainment.
Shares trade at a very reasonable valuation compared to expected profits for next year.
Any positive news for the economy or for travel spending could send shares sharply higher.
- Buy (to open) 8 EXPE September 16th $100 Calls
- Limit $11.30 or less
- The new position will represent roughly 8.5% of our Spec Model capital
- 10:25 Executed
- Bot 8 EXPE September 16th $100 Calls @ $11.30