FTAI: Aviation Stock Flying Higher

Yesterday, we looked at a Daily Price Chart of   June 27th, 2024 FTAI: Aviation Stock Flying Higher Dear Reader, Yesterday, we looked at a Daily Price Chart of Meta Platforms, Inc., noting that META's 50-Day EMA is trading above the 100-Day EMA signaling a 'Buy'. For today's Trade of the Day we will be looking at a Daily Price chart for FTAI Aviation Ltd. stock symbol: FTAI. Before breaking down FTAI's daily price chart let's first review which products and services are offered by the company. FTAI Aviation Ltd. owns and maintains commercial jet engines with a focus on CFM56 engines. Its propriety portfolio of products, including The Module Factory and a JV to manufacture engine PMA. Now, let's begin to break down the Daily Price chart for FTAI. Below is a Daily Price Chart with the price line displayed by an OHLC bar. Buy FTAI Stock The Daily Price chart above shows that FTAI stock has been hitting new 52-Week Highs regularly over the past month. Simply put, a stock does not just continually hit a series of new 52-Week Highs unless it is in a very strong bullish trend. The Hughes Optioneering team looks for stocks that are making a series of 52-Week Highs as this is a good indicator that the stock is in a powerful uptrend. You see, after a stock makes a series of two or more 52-Week Highs, the stock typically continues its price uptrend and should be purchased. Our initial price target for FTAI stock is 108.91 per share.  Stop and pay attention!  Get your Free Edition of 23 Profitable Years In A Row . This Chuck Hughes Ebook is Yours to Learn More Now! Profit if FTAI is Up, Down, or Flat Now, since FTAI shares have been making a series of new 52-Week Highs and will likely rally from here, let's use the Hughes Optioneering calculator to look at the potential returns for a FTAI call option spread. The Call Option Spread Calculator will calculate the profit/loss potential for a call option spread based on the price change of the underlying stock/ETF at option expiration in this example from a 10.0% increase to a 10.0% decrease in FTAI stock at option expiration. The goal of this example is to demonstrate the 'built in' profit potential for option spreads and the ability of spreads to profit if the underlying stock is up, down or flat at option expiration. Out of fairness to our paid option service subscribers we don't list the option strike prices used in the profit/loss calculation. The prices and returns represented below were calculated based on the current stock and option pricing for FTAI on 6/26/2024 before commissions. Built in Profit Potential For this option spread, the calculator analysis below reveals the cost of the spread is $315 (circled). The maximum risk for an option spread is the cost of the spread. The analysis reveals that if FTAI stock is flat or up at all at expiration the spread will realize a 58.7% return (circled).  And if FTAI stock decreases 10.0% at option expiration, the option spread would make a 58.7% return (circled).  Due to option pricing characteristics, this option spread has a 'built in' 58.7% profit potential when the trade was identified*. Option spread trades can result in a higher percentage of winning trades compared to a directional option trade if you can profit when the underlying stock/ETF is up, down or flat. A higher percentage of winning trades can give you the discipline needed to become a successful trader.  The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Interested in accessing the Optioneering Calculators? Join one of Chuck's Trading Services for unlimited access! The Optioneering Team has option calculators for six different option strategies that allow you to calculate the profit potential for an option trade before you take the trade. Trade High Priced Stocks for $350 With Less Risk One of the big advantages to trading option spreads is that spreads allow you to trade high price stocks like Amazon, Google, or Netflix for as little as $350. With an option spread you can control 100 shares of Netflix for $350. If you were to purchase 100 shares of Netflix at current prices it would cost about $68,000. With the stock purchase you are risking $68,000 but with a Netflix option spread that costs $350 your maximum risk is $350 so your dollar risk is lower with option spreads compared to stock purchases. Check out Chuck's PRO Trading Service! I don't want you to miss a single opportunity to potentially reach your goals. That's why I want to share this video I made about my PRO Trading Service.  I want you to follow in my footsteps for the opportunity to succeed beyond your wildest dreams, so please call my office at (737) 292-4425 and get started today! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at dailytrade@chuckstod.com *Trading incurs risk and some people lose money trading. See Related Articles  Meta Platforms Displays Durable 'Buy' Verisk Analytics Rocketing Higher! EQR: Strong Buying Pressure for REIT   © 2024 Tradewins Publishing. All rights reserved. | Privacy Policy | Terms and Conditions | Contact Us If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add todaystrade@chuckstod.com to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC ("Legacy") Trading Services, newsletters and educational publications ("Services") is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose.

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