Dark Money Sell Alert: Take 49% Gains On Fluor Calls

Fluor still trades at an extreme discount to its peers in the E&C sector. Investors are starting to anticipate a growing project order backlog driven by smartly bid infrastructure, road, bridge, LNG, and metals/mining projects. However, the stock has encountered resistance and may be in a sideways pattern for a few months. We don’t want to risk losing option premium if FLR continues bouncing around in the low $20s, so let’s take gains on this position.

You Must Be A Subscriber To View This Content.

If you are already a subscriber, click the login button below to get access. Not yet a subscriber? Checkout our publication below and get access today!

Nomi Prins’ Dark Money Millionaires


Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

View More By Dan Amoss