The Weekly Options Newsletter 08/23/2016

THE MARKET TREND IS UP | VOLATILITY IS HIGH

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 PBYI

PBYI 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 $57.00 Call on PBYI with an expiry date of 08/26/2016.

Puma Biotechnology, Inc. is a biopharmaceutical company that focuses on the development and commercialization of products for the treatment of cancer.