The Weekly Options Newsletter 05/10/2017

THE MARKET TREND IS UP | VOLATILITY IS HIGH

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The market is currently going up so favoring buying calls is a good idea right now. Volatility is relatively high so "at the money" options will be overpriced – try to focus more on "out of the money" options for the moment.

THE OPTION PICK FOR TODAY IS VRX

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VRX has been gaining a lot of exposure and this has resulted in it moving up just like the market recently. The best option pick right now is to buy a $13.00 Call on VRX with an expiry date of 05/12/2017.

Valeant Pharmaceuticals International, Inc.