OPTIONS WATCHLIST 8/18/2024

OPTIONS WATCHLIST 8/18/2024

PYPL - Stock failing to break $68.25 long term resistance for that 5th time but still holding close to it. Calls above that level for a move to $70 and higher. Stock is strong on indicator level

IBM - On CNBC, Rob Sechan of NewEdge Wealth said IBM is a “nice combination of defensive growth and margin expansion.” calls above $194 for a move towards $200 and higher. All time highs around $206

TTD - Friday Live On CNBC; Josh Brown Buys Trade Desk as stock broke $100 resistance level. Next resistance at $102.50. Looking for calls above that level. For a move towards $110 and higher.

JPM - stock moving strong with other bank stocks as it approaches top of trendline resistance at $215. Looking for calls above that level for a move towards $220 and higher. Stock is strong on indicator level

AXP - Another stock with strong momentum approaching all time highs at $256.24. Looking for calls above $252.5 for a move towards all time highs and above.