Why Viavi Solutions Stock is a Great Buy for Options Bulls
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Viavi Solutions Inc (NASDAQ:VIAV) is recommended for options bulls as it shows strong momentum with support at the 20-day moving average. Following a gap up after its Q3 earnings, the stock has pulled back to $50. With high short interest and significant call options expiring at the $55 strike, now is seen as an opportune time for investment. The recommended call has a leverage ratio of 2.7, potentially doubling with a 44.1% rise in the stock.
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