Trade ideas

Today’s trade idea for option traders: The Interpublic Group of Companies

trade idea for option traders

Interpublic Group is an ad giant. The companies of the Group are specialized in all kinds of advertising, digital marketing, communications planning, media, public relations and so on. IPG’s revenue in the Q3 2020 demonstrated resilience in the face of the pandemic due to the steps taken to position the company as a strategic partner to its clients. And in the past days, the price of this stock knocked at the pre-pandemic level. Although there was a bounce, it could also be just a pullback. Therefore, this is giving an opportunity for a options trade. So let’s check it out, folks.