AAP seems forming a nice fallen angel pattern. It also has some insider buying. We think it has good upside potential. To play this We would consider September $110 calls are $3.80.
* Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $106.47 Exit Target Criteria- $127.23 Stop Loss Criteria- $99.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)