The rebound you don't want to miss

Shares of travel and leisure stocks have rallied off of recent lows in volatile sessions, and seem to be indicating that a near-term low could be in for these sectors.  It's still unclear if that's the case but if these stocks do continue to rally we don't want to miss the gains.

Shares of MGM are up to $15 from a low of $5.90, which is remarkable within just a few weeks.  We wish we bought the stock in the single digits, but we didn't.

Today we bought the Jan 2022 $30 Calls on MGM for $1.75. As the stock rises these Calls will increase in value as well.  If the stock does pull back we have a long time, almost 20 months to see gains in the stock to make it back.