Profit Pregame

This RAD Scanner Signal Was a Dime (Literally)

Here’s how fast a Rite-Aid trade popped off

When I think about the drugstore chain Rite-Aid, I don’t necessarily think about fast leveraged profits…

But I do think about maybe picking up a quick bargain on an impulse buy along with that box of tissues I need (I have a little case of the sniffles, guys).

And when a laundry list of retail names landed on my proprietary options scanners on Wednesday, I found yet another way to exercise that “impulse buy” muscle on RAD.

What’s happening?

Retail stocks were all over my options scanners today – names like Express (EXPR), Gap (GPS), Macy’s (M), Party City (PRTY), and more:

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But one super low-priced trade jumped out at me… and the calls jumped out to a quick profit within minutes of me calling out the signal to subscribers in my live room.

 

Where’s the money?

Here’s the options flow that caught my eye on Rite Aid (RAD):

The size of the trade wasn’t too remarkable, on an absolute basis. We’re only talking about a block of 961 contracts total (rounded up to “1K” on the screen shot there)…

But then again, open interest at the strike is only 71 contracts.

With volume significantly higher than open interest, it’s easy to confirm new positions are being opened.

Plus, for only $0.10 each – how can you say no to a bargain like that?!

These calls – expiring as soon as tomorrow afternoon – were low-priced enough that I had to shout them out in real-time to all my subscribers in the trading room… not as an “official” signal, but for anyone who felt like taking a quick flier on a potential day trade.

And boy, did these things start to rip within minutes.

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It’s why I do this live for the day trades, folks – there just isn’t time for an email alert on a move like this, even when it’s a “small” lot setting off a signal.

How do you catch the next RAD?

** This week only **
You’re Invited into My Inner Circle – Where You Get to Enjoy a LIFETIME Access and This Limited Time Bonus Membership

Call 877.212.9163 and mention priority code U304XB01

Meme stocks are back in the news.

Which is always exciting…

We saw Bed Bath & Beyond (BBBY) soar 67%+ from after hours trading on Tuesday.

Whew!

If you had a crystal ball which prepared you for this meme stock mania ahead of time…

You would have made a killing.

Good news is, I came up the next best thing.

So, the NEXT time Redditors orchestrate a coup against Wall Street, you’ll be ready.

 

In Super Squeeze Profits, we identify stocks with potential to spike in suddenly price – just like the meme stocks you hear about in the news.

And we’ve had lots of big and fast wins lately…

If you bought a call option for CLOV back in April when I recommended it to my Super Squeeze members…

You would have tripled your money in just over a month .

If you bought a call for SDC when I recommended it on September 24, you could have doubled your money in just four days.

And, if you bought a call for JWN last month, you would have only waited 3 days to double your money.

If you want to capitalize on the meme stock hype, I highly recommend you join us inside Super Squeeze Profits.

Again, this incredible offer is only available to you this week.

And it’s only available through our customer support lines.

So, I highly recommend you pick up the phone and call us right away.

Here’s that number again: 877.212.9163.

And your priority code is U304XB01.

Back with more soon, traders –

Andrew Keene
Founder, Profit Pregame

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