Novice Trade: Expedia

The selloff in the transportation industry due to the Belgium terrorist attack is likely short-lived. I like scooping up the names that have been sold off. I favor the U.S. airlines for a turnaround and also believe Priceline (PCLN) or Expedia (EXPE) could be a decent play for a bounce. While I would play in any of them, I like the vol levels and price action of EXPE today.

I can buy the EXPE April 110 calls, which are just out of the money, for about $3.20. I think it could be worth more than $5 by tomorrow or early next week....8 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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