We jumped into RDW on May 12 and based on its pattern recognition follow-through, especially today, it is worth further consideration and maybe some additional calls. Hear me out. RDW July $15C - Initial Purchase May 12th RDW - 2-Day: The Big Picture Note the price projections into the summer and fall months - this is big game hunting at its finest. RDW checks all the right boxes for a tag-along show alongside the coming SpaceX IPO. RDW Daily Today's breakout is targeting the mid $20's by Jul expiration, $30+ by end of summer. Throw in the SpaceX kicker, the largest IPO in NYSE history, around mid-June and these out-of-the-money RDW Jul calls look dirt cheap: RDW Calls: July Expiration Bottom Line: We have locked in 200% gains in our July $15C bought on May 12th (via 50% trailing stop). That allows for staking some $20 Calls on top of our position, taking on some additional market risk, but also allowing for multiple 10 baggers, all before the third week in July.
