The Weekly Options Newsletter 06/26/2017

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 GRPN

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GRPN 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 $4.00 Call on GRPN with an expiry date of 06/30/2017.

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount.