July 27, 2016 | 9:38 AM by Fahad Khalid | fkhalid@jaguaranalytics.com

Unlock: Edwards Lifesciences (EW) Trade Idea

It pays to do fundamental research. This trade idea was sent to clients on June 2. We rolled calls once and collected 31% gain. Collected another 125% gain today after company reported fantastic quarter. To learn more about our approach and how you can become a successful trader, sign up for 2 week trial and test drive live chat room with some of the best traders: SUBSCRIBE

Edward Lifesciences
Ticker: EW
Sector: MedTech
Current Price: $101.61
Target: $108.00
Stop Loss: $97.20
Time Duration: 78 days

Trade Idea – Buy EW August 105 Calls for $4.20 or less.

Fantastic SAPIEN-3 data out on April 4. Stock jumped on high volume. It has now pulled back and starting to take new leg higher. FDA approval expected earlier than previously thought in the summer time. Ramp up in sales will start in second half of this year. There is a conference coming up on June 16-19 in which I believe the management will talk about bright future outlook. Lastly, I expect them to raise guidance again late July. Given all these catalysts in play, I like buying straight August 105 calls. Target is $108. Stop loss at $97.20.


EW Chart


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