CB’s Surge: Insurance Stocks Triumph

Did you spot this potential trade? If I hadn’t dialed in my options tools, I may have missed it as well. You may reco February 6th, 2024 CB’s Surge: Insurance Stocks Triumph Did you spot this potential trade? If I hadn’t dialed in my options tools, I may have missed it as well. You may recognize the company we are looking at today, Chubb Ltd. (CB). But even if you don’t, what you really need is the chart. When I was a pilot I couldn’t fly by just looking out the window. I had to use my gauges and instruments. Stock charts are similar to those gauges and make it possible to be more accurate in spotting great set ups. On this chart we are going to look at the 10-Month Simple Moving Average. If you want more info on this indicator, click [here](. As the chart shows, in September, the CB 1-Month Price, crossed above the 10-Month simple moving average (SMA). As long as the 1-Month price remains above the 10-Month SMA, the stock is more likely to keep trading at new highs and should be purchased. The good news is that CB is still above the 10-Month SMA so it has solid momentum to the upside and conditions are ripe for a bullish trade. But with just a couple more simple steps we can increase the profit potential for this trade using options. How To Juice Up The Horsepower Using Options Now, since CB’s 1-Month Price is trading above the 10-Month SMA this means the stock’s bullish rally will likely continue. Let’s use the Hughes Optioneering calculator to look at the potential returns for a CB call option purchase. Take a look at the calculator below. For this specific call option, the calculator analysis below reveals if CB stock increases 5.0% at option expiration to 261.71 (circled), the call option would make 76.9% before commission. If CB stock increases 10.0% at option expiration to 274.18 (circled), the call option would make 159.4% before commission and outperform the stock return nearly 16 to 1*. The leverage provided by call options allows you to maximize potential returns on bullish stocks. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Weekly Newsletter with Actionable Picks 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!  Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day [🌟]Access Chuck’s trading wisdom through our complimentary text alerts! Enroll today to receive expert tips, live event notifications, and exclusive discounts. [Register for free!]( --------------------------------------------------------------- [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](