 boom What's up money geeks mr. V here welcome to another video so in this one We are going to talk about tickets symbol GS AT global star This is a company that we cover here on the channel And I told you guys it was actually on my list of satellite companies or 5g companies and Back then when we did the video the stock was actually trading at about Somewhere at about two dollars and some change so we got it about two dollars and And then 30 cents back then and then season it's been it's pulled back and so We've been in the red with his stack But I kept buying and bringing down my my average because I I want to hold this one long term So now I started to see some news and that's why I want to cover it with you guys guys looks like There's an opportunity here for the stock to make it run But before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button and your notification belt So you don't miss out on new content So global star again guys here tickets symbol G as a team It's in the business of providing satellite communication To different businesses across the country so you can see here to cover a wide range of Industries from government transportation energy construction commercial and maritime Agriculture and forestry so they are pretty much everywhere and they provide these services where a lot of fun companies are not About to do so that satellite communication Again the reason why I'm doing a video today is not to tell you guys guys We didn't if we didn't know about the stock go watch that previous video that I did because I went in in-depth about the company Today is more so as to what's happening in the market So this is an article that read from Yahoo Finance do option traders know something about global star Stock we don't the reason is because they've seen that a lot of option traders. They've been buying the July 16 $2 and 50 cent call So if they're putting a price the strike price of 250 so they're anticipating that by July 15 This thing is gonna rip up to 250 as a matter of fact We're not far from there because where are we trading right now was sitting at about a dollar and ninety after hours So that's not too far. So that's just about 60 cents from that 250 July 16 And it might even pass that and blow it so again, there's more news out there about the stock if you can see here from The investment bang B Riley they actually putting a price Target here of three dollars and twenty five cents So again, it looks like a lot of there's a lot of interest a lot of talk about the stock And so how do you play this one? You can play this one in one or two ways, right? You can buy right now and hold long so that you can benefit from if from this pop Or you can buy some option calls, which is what I plan on doing because I already own the stock So now I'm gonna buy some option calls. I'm gonna buy some option calls and just hold them Find some maybe I know some contracts there and hold them Maybe through July that July 16 and see what happens there So that would be my play here just to swing this one because I have a long term But I still want to benefit from this spike that's gonna with that talking about here So again, this is not like it's guaranteed that this is gonna happen But you've seen that more and more as they talk about a particular stock You see a spike in that stock because people on reddit people just just online communities Invest these retail bankers or solid retail investors are Getting their hands on the stocks when the news is out there and making them pop So definitely wanted to bring this one to you guys's attention So that you guys don't miss out on the opportunity definitely go check out a global star again Check out the stock in the news here is that option traders are buying this July 16 $2.50 call which obviously how do you know that because they're looking at that? What they call the implied volatility of the stock and that's pointing towards more and more option traders buying the stock so I Don't know what the current rate is going for that July 16 call I want to see what each contract would would would cost me But I'm pretty sure it'll be really cheap and so again my goal here is to benefit on both ends Because I already have the stock that I own long term But I want to also benefit from this spike if it does happen So that's why I'm gonna buy those calls and definitely swing it and make some profit So that's it for the videos guys. Let me know again in the conversation. What do you think about this? If you read the news if you've seen that Global star has actually spiked in the last few days again moving towards that $2.50 Send Tag it there for option traders at strike price again Let me know what you think about is if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also if you're looking to get started with investing Weibo has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description and as always guys do your due diligence Don't be a greedy savage and stay motivated