“What’s the trick to these low risk high probability trades?”
It’s one of the most common questions I receive and in today’s video, I’m going to illustrate the importance of risking a little bit to achieve large potential gains when trading options on a breakout stock.
Let’s begin by taking a look at one IT stock – Nutanix (NTNX)… the cloud computing company that sells hyper-converged infrastructure appliances and software-define storage.
And you’re probably asking yourself “why NTNX?”
It simple… the answer is the short float. It’s relatively high at about 7.5% — which means that the price of the stock rises quickly and aggressively due to the large number of short sellers.
If you’re interested in trading more of these breakout stocks, check out Rob Booker and Roger Scott’s three-digit secret code that you can use to unlock and expose explosive stocks.
And here’s my favorite part… these groundbreaking trades are transpiring on blue chip stocks – which means that the potential gains are huge!