Weekly Review 4 – 8 Jun 2018 Part 2: Bonus Stock ATHM

Bonus Stock pick – ATHM

Autohome Inc, a great online automobile consumer company in China, with strong growth potential presented a good trading opportunity.

Suggestion

1. Moderate trader can long near $107.60 with stop loss $99 (8% from buy point). No need to set profit target at the moment.

2. Aggressive trader can buy $110 July 2018 Call options without stop loss (means willing to loss the entire premium paid) and profit target 100%-300% of the premium paid. Premium is around $7.60 ($760 per contract) at the time of writing.

Screen Shot 2018-06-10 at 9.49.05 AM

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