Subject: Cruising for Profits with Carnival (CCL)

Dear Friend,

Today we bring you a brand new Trade of the Week! Each week we share a new trade idea directly from our trading team. For more on how you can join in on the profits, email Colin@terrystips.com.

Terry

April 19, 2021

Week 648

Cruising for Profits with Carnival (CCL)

Few industries were hit as hard during the pandemic as cruise lines. But, after bottoming out more than a year ago, CCL has more than tripled in value. And although its latest earnings report showed the company absorbing a loss, booking volumes were 90% higher than the previous quarter. That, along with accelerating vaccinations and anticipation of strong demand this summer, brought a slew of analyst target price increases.

This (Could Be) The Next Bitcoin - For A Fraction of the Price

If you've ever been turned off by Bitcoin's eye-gouging price tag, please check out this timely message about three much-cheaper microcurrencies with massive potential for growth in 2021. If you think you missed out on this crypto opportunity, think again.

Click here for all the details.

The shares have pulled back from their 2021 high following earnings, unable to break through triple-top resistance in the 30-31 area. The retreat has nearly reached the ascending 50-day moving average, which sits at the 27 level. The 50-day provided support to previous pullbacks in February and March. With the fundamentals turning favorable, look for support to hold to keep the uptrend intact.

If you agree that CCL will continue its uptrend, consider the following trade that relies on the stock remaining above $26 through expiration in six weeks.

Buy to Open CCL 28May21 24 Put (CCL210528P24)
Sell to Open CCL 28May21 26 Put (CCL210528P26) for a credit of $0.65 (selling a vertical)

This credit is $0.03 less than the mid-point of the option spread when CCL was trading at $27. Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will be only $1.30 per spread. Each spread would then yield $66.70. This trade reduces your buying power by $200 and makes your net investment $133.30 ($200 – $66.70). If CCL closes above $26 on May 28, both options will expire worthless and your return on the spread would be 50% ($67.70 / $133.30).

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

What do Jeff Bezos, Goldman Sachs and a Big Pharma giant have in common?

They have already invested billions into this stock. Why? Because on August 23, 2018, this small biotech won a patent for a treatment that could help as many as 50 million people...and save the U.S. as much as $20 TRILLION. And our research shows that anyone who gets in today could turn every $1,000 into $1.1 million.

Learn more here.

Any questions? Email Colin@terrystips.com

You can see every trade made in the actual option portfolios conducted at Terry’s Tips and learn all about the wonderful world of options by subscribing here. Why wait any longer to make this important investment in yourself?

I look forward to having you on board, and to prospering with you.

Terry

Testimonial of the Week

Good strategies, good feedback and excellent service overall. There are products out there peddling in the thousands of dollars and they don’t come close to what you offer.

~ Shmuel

Thank you again for being a part of the Terry's Tips newsletter. If you are interested in signing up as an Insider, visit Terry's Tips today for details.

Sincerely,

Dr. Terry Allen
Terry's Tips

Subscribe

Subject: Cruising for Profits with Carnival (CCL)

Cruising for Profits with Carnival (CCL)