Here’s My Free Trade – As Promised

Dear Profit Takeover reader,

During the live Profit Takeover show, I promised a free trade this week, and here’s what I found…

When I ran my Big Money Flow scanner, a familiar name popped up: CCJ – Cameco Corp (NYSE:CCJ).

CCJ reported spectacular earnings today, February 9, 2023. Earnings per share beat 65.78% and revenue beat 17.42%.

We saw a big pop this morning, as CCJ briefly touched $29.50, and big money is still bullish.

When I say big money, I mean a trader who buys massive quantities of options on a stock – over 10,000 at a time. 

This trader bought up some June $35 calls and took profits in shorter-dated calls. And the stock appears to be heading higher.

This is the biggest roll we saw:

April has the cheapest options on the board in CCJ.

And I’ve spotted some juicy calls for under $2 that I think will double your money. 

Here’s the exact trade I’m recommending to play CCJ…

I would be a buyer of the April 21st $30 calls for about $1.60 because I think they are going to double.

Action to Take: Buy-To-Open the CCJ April 21, 2023, $30 call for $1.60 or less. 

Exit Instructions: If you buy a multiple of 4, sell half at $2.40, the next 1/4 at $3.00, then sell the balance at $4.00. If you only buy one, exit the entire position at $3.00.

I’ll see you tomorrow morning at 10:30 am (ET) for the live Profit Takeover show – right here in the main room.

Until next time,

Mark Sebastian

---

Comments