Today's trade is in a consumer staple that has made fresh 52-week highs recently, is on the cusp of a breakout from a multi-year base, and has dirt cheap implied volatility in the options.
With new all-time highs in sight, this sets up one of my favorite (and simple!) trades.
You need to have a subscription to access this content in full.
Log in or subscribe today to unlock new features and receive Member Benefits.
