@4headtrade's post on eToro.com
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🔔Mid Day Trading Update🔔
📅Wednesday 29/6/2022📅
🟢Bullish Activity🟢
$ORA.US
Shares are gapping up above the 200-day Simple Moving Average this morning following news that the stock will be added to the S&P MidCap 400 index before the market opens on July 7th, 2022. The December 16th 80.00 put being the highest volume contract.
$MCD
Also to the upside after Atlantic Equities upgraded the fast-food chain to Overweight from Neutral and put a $278.00 price target on the stock. Atlantic Equities analyst Edward Lewis called the company a defensive value play and a leader in the global quick-service restaurant space, with the potential to add market share in an economic downturn. The July 1st 250.00 call being the highest volume contract.
New 52-week highs: ( $LRN + $2.77 to $40.54)
🟢Notable Calls🟢
$SHOP
Some unusual activity seen which primarily target the July 1st 34.00 call as volume is 9808 with open interest at 0, all of the volume represents new positioning. The transactio
