Lance here with another trade of the day in Planet Fitness (PLNT).
Last week, I informed you all about PLNT and it’s 200-day moving average at $67… and now the stock has traded up to nearly $74 in 4 days.
WOW!
Those are massive gains! PLNT is benching – they’re flexing their muscles and traders are now gaining weight in their pockets.
That’s the power of big institutional call buying and technical analysis on the 200-day moving average on a very bullish stock that no one’s talking about yet.
In today’s video, I’m going to show you how you can make money bouncing off the 200-day moving average in the options market.