My Power Options system identifies the best candidates for option trading or short-term stock trading, and this week it’s showing one standout bullish stock in the financial sector, which overall has started to take back some of the January rally gains. These names are both volatile and liquid, two important characteristics of profitable options trading.
Use the following information to help you with your own options or short-term stock trading program.
This is one of the strongest stocks under surveillance with my Power Stocks system. It’s in a strong upward trend, with excellent upside potential. Buy on any further strength.
- H&R Block (NYSE:HRB)
This stock has been in an upward trend for over a week, and displays good upside characteristics relative to other stocks
- Cincinnati Financial Corporation (NASDAQ:CINF)
These stocks are in upward trends, but are temporarily leveling or pulling back.
Backing and Filling
These stocks have rallied way up from downtrends, but then dropped from those higher prices to “fill” lower price areas.
InvestorPlace advisor Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990. Try Maximum Options today for 2 months for only $99.