The Weekly Options Newsletter 05/19/2017

THE MARKET TREND IS SIDEWAYS | VOLATILITY IS HIGH

CHART

The market is currently in a sideways mode so buying both puts and 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 ATHN

CHART

CHART

ATHN has been gaining a lot of exposure and this has resulted in it moving up despite the market being sideways recently. The best option pick right now is to buy a $127.00 Call on ATHN with an expiry date of 05/26/2017.

athenahealth, Inc. provides network-based medical record, revenue cycle, patient engagement, care coordination and population health services.