Dear Friend,

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

The actual Terry’s Tips  portfolio that places trades that you read about here has gained 99.7% so far in 2018.  That’s pretty close to doubling our money in less than six months, and all the paying Terry’s Tips subscribers who are following that portfolio, either on their own or through the free Auto-Trade service offered by thinkorswim are happy campers right now.

Terry

Grubhub (GRUB) Offers An Attractive Entry Point

Grubhub’s stock price recently broke higher and several analysts expect the upside momentum to continue.  This article published on Benzinga includes a target that suggests about a 20% upside.  A detailed article outlining why there could be more upside in GRUB was also published on InvestorPlace.  While the second article has a bit more of a conservative target, it still points to a potential 10% gain in the stock price.

____________ advertisment ______________

Learn How to Turn a $5,000 Account Into a 7-Figure Fortune Within 5 Years!

Ryan Jones is an award-winning trader who's famous for growing an account by 613% in just 72 days during a public trading competition ... with real money.

During a limited special training, Mr. Jones reveals how to take advantage of an unprecedented wealth-building opportunity trading today's weekly Options without looking at a single Greek. Find out how to take advantage of this opportunity in weekly Options using Ryan's "Warped Trades" approach.

Click here to reserve your seat for this limited FREE training >>

______________________________________

Technicals

The GRUB technical chart is signaling a bullish continuation.  The stock price broke out from a bullish flag pattern in early May and has more recently cleared above a clear horizontal resistance level found near $105.  The same level should protect any corrections for bulls to remain in control.  The stock price has also consistently traded above its 20-day moving average since the bull flag was activated.

*source Tradingview.com

If you agree there's further upside ahead for GRUB, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.

Buy To Open GRUB 29JUN18 105 Puts (GRUB180629P105)

Sell To Open GRUB 29JUN18 107 Puts (GRUB180629P107) for a credit of $0.83 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when GRUB was trading near $108.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $80.50 and your broker would charge a $200 maintenance fee, making your investment $119.50 ($200 – $80.50).  If GRUB closes at any price above $107 on June 29, both options would expire worthless, and your return on the spread would be 67% (978% annualized).

 ____________ advertisment ______________

ANGEL INVESTOR REVEALS SECRETS TO $10,670 IN FREE CRYPTO

One insider just told CNBC, "There will be a tsunami of free crypto giveaways this year."

And angel investor Adam Sharp just let the cat out of the bag.

In this shocking video, he reveals how you can start claiming up to $10,670 in FREE crypto.

______________________________________ 

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

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

Happy trading,

Terry

____________ advertisment ______________

Give Me 9 Minutes a Week and I Guarantee You $67,548 a Year

Master trader Jim Fink trades the market for extra cash... and averages $185 per day. $185.06 to be exact. That adds up to $67,548 per year, and if you follow his strategy, you can do the same thing yourself. Why not? All it takes is nine minutes a week. And you don't have to invest a dime up front.

Go here to see if this $67,548-a-year system is for you.

______________________________________ 

 
Any questions?   I would love to hear from you by email (terry@terrystips.com), or if you would like to talk to our guy Seth, give him a jingle at 800-803-4595 and either ask him your question(s) or give him your thoughts. seth@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
 

    

 Open tastyworks account

Rich Jerk Unloads on Bitcoin

Here's what the rich really think about cryptocurrencies. Click here for instant access!

I have been a subscriber for about a year. I autotrade in 2 different accounts, all your strategies. I read everything you write on Saturdays. I love your happiness thoughts and everything else. I usually do not communicate at all but I had to tell you how well my accounts with you are doing compared to everything else. You are awesome. Keep up the good work. Thank you.~ Maya

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