FCAU 2018-04-03

2018-04-03 FCAU

Fiat Chrysler Automobile

This stock appeared in today’s Investor’s Business Daily Stocks on the Move
It closed today at $21.79 on strong volume and I liked the chart. They are posting earnings on Apr 26, 2018 and I wanted to buy the options beyond this date.

I placed an order for an out of the money call option:

Buy to Open $22.00 Call May 18, 2018 – 45 Days
IV 40%
Delta .5087
Open Interest 118

Current IBD Rankings
Composite Rating: 86
EPS Rating: 98
RS Rating: 97
Group RS Rating: C-
SMR Rating: C
Acc/Dis Rating: B

This is a large cap stock
1558.9m shares outstanding
PE Ratio: 7
Debt: 84%
ROE: 19.7%

FCAU-StockCharts-3-mo-Daily-2018-04-03
FCAU-StockCharts-3-mo-Daily-2018-04-03

Parabolic SAR flipped below
MACD crossed turning up
MACH flipped positive