Peloton Has Tripled!

Peloton Interactive $PTON is up over 10% this morning and exploding higher from its range!

Our 11/15 $7 calls are surging with it. They are currently trading for over $0.50, which is a triple from where we got in.

This is the perfect moment to execute our strategy—sell half the position, lock in some well-earned gains, and ride the rest into earnings risk-free.

This pre-earnings trade is coming together as planned, and the best part? The stock is just breaking out, so we think there’s plenty left in the tank.

If we break and hold above VWAP this one should keep running for us and be a monster winner. It’s already a multi-bagger.

PTON earnings are October 31st. I’ll most likely be staying long the remaining half through the event.