Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

OPRA Swing Trade Setup – Seems Like a Great Setup for Call Options

Buying OPRA Between $13.56 to $14.72 Sell Targets:

  • $20.99
  • $28.44

Stop Loss:

  • $13

There are 5 analyst estimates for OPRA, and all 5 of them have given OPRA a buy rating.

OPRA reported strong Q4 earnings, and could have a strong Q1 performance as well. The options flow suggests a bullish long-term sentiment with significantly higher long-term call options compared to put options.

There is limited seasonality data for OPRA, but across this 6 years of price action OPRA tends to perform very well over the next few months. The TrendSpider’s seasonality index reveals that on average OPRA increases by +11.58% in April, +12.34% in May, +6.38% in June, and +3.99% in July. May is OPRA’s best performing month, OPRA has been bullish in May for 4 out of the past 5 years (80% of the time).

ChartChamp socials: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

Bullish Stocks Headed Into Earnings

CTASGATXMRTNMSNXTRLI Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

DLO Swing Trade Setup

DLO is trading near all time lows, and is approaching a seasonally bullish time period in July and August. On the week of June 24 DLO is very bullish with a 100% bullish rate and +17.14% average returns. Next week is also bullish with 3% average returns. Entry price: $7.67 to $7.76Price targets: Stop loss: […]

Read More
Default Thumbnail

The Threat of a Black Swan Reemerges

There are two key trends to monitor for the remainder of this year. The first is the inflation data, which has been gradually cooling down. The Fed keeps pausing and pushing back their target Fed pivot date. The media narrative is that this is bearish, but in actuality the delays are bullish for the markets. […]

Read More