IBP Stock on Fire: How to Play it?

Today I am going to walk you through a great potential trade. Not only will we look at which ticker is setting up, I wi March 27th, 2024 IBP Stock on Fire: How to Play it? Today I am going to walk you through a great potential trade. Not only will we look at which ticker is setting up, I will layout the trend that helped me spot this one and many others. Today we will be looking at a Daily Price chart for Installed Building Products Inc. (IBP). Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments. Take a look at the chart below. Buy Signal for IBP The Daily Price chart above shows that IBP stock began reaching a series of higher highs and higher lows since mid-January. This pattern of bullish trading suggests the stock will march on to a further advance. Now, since IBP stock is making a series of higher highs and higher lows and will likely rally from here, let’s use the Hughes Optioneering calculator to look at the potential returns for an IBP call option spread. The analysis reveals that if IBP stock is flat or up at all at expiration the spread will realize a 55.0% return (circled). And if IBP stock decreases 7.5% at option expiration, the option spread would make a 55.0% return (circled). Due to option pricing characteristics, this option spread has a ‘built in’ 55.0% profit potential when the trade was identified*. The prices and returns represented below were calculated based on the current stock and option pricing for IBP on 3/26/2024 before commissions. Unlock the door to profit opportunities! Join my Weekly Stock and Option Alert Newsletter for exclusive trade insights. Delve into multiple trade setups every week and receive actionable trade recommendations. [Click here]( to sign up now! Option spread trades can result in a higher percentage of winning trades compared to a directional option trade if you can profit when the underlying stock/ETF is up, down or flat. A higher percentage of winning trades can give you the discipline needed to become a successful trader. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Short-Term Program from Chuck! Chuck Hughes has just launched his exciting new trading service program, Lightning Trade Alerts. This new service focuses on low-cost & short-term options trade. Members will receive hand-picked options trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join or [CLICK HERE]( to schedule a call! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day  --------------------------------------------------------------- See Related Articles [Insurance ‘Buy’: WRB Moving Higher]( [Could CAVA Be a Tasty ‘Buy’?]( [American Express Shares Break Out]( [‘Buy’ Signal Indicated for Copart, Inc.]( --------------------------------------------------------------- [TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (“Legacy”) Trading Services, newsletters and educational publications (“Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose. This email was sent to {EMAIL} by todaystrade@chuckstod.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](