TroutHouse

CARS 7/17 @7.5 Call - People will rent instead of fly

Long
TroutHouse Updated   
NYSE:CARS   Cars.com Inc.
We got into a call for CARS on 5/29.

Looking to lock in some profits at $6.60
Trade active:
Still a good time to get in!
Trade active:
Options up 65%!
Comment:

If you look at the 1D chart you'll see that we broke out of a cup-and-handle pattern.

Hold strong.

People will rent cars to travel instead of use airplanes due to COVID.
Comment:
We got out this morning! Should've held a bit longer but not upset with profits!

+130% on 7/17 @7.5 call
+40% on 6/19 @7.5 call

How much did you make?
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