Carrols Restaurant Group, Inc. stock trades under the ticker TAST, and is currently trading at $6.78/share.
TAST stock is set up for potential upside movement, with their bullish MACD cross yesterday, and is currently on a 5.6% upswing day as I write this post (late, yes I know…)
TAST Stock Price: $6.78
10 Day Moving-Average:$6.34
50 Day Moving-Average: $6.27
200 Day Moving-Average: $5.50
TAST stock looks to have some room to run in the short-to-medium term, that can be beneficial to traders of the common shares & options alike.
Their $7.50 calls expiring on 2/19, along with the $7.50 puts are likely the best place to be looking, given the lower level of open interest & volume that I am seeing for the in-the-money $5 calls.
All-in-all, traders should be able to take advantage of the momentum that Carrols Restaurant Group Inc. stock is currently experiencing, and be able to take home some short-term gains on TAST.
*** I DO NOT OWN SHARES OF TAST STOCK ***