Aggressive Bulls in TAL International Group, Inc. (TAL)

TAL International Group, Inc. (TAL) is an equipment leasing company that leases containers and chassis to shipping lines and other customers. The company’s stock is currently trading around $42.20 in a 52 week range of $38.50-$57.82. The stock has not been performing well this year and shares have fallen nearly 27% year to date. Despite this poor performance we are seeing some very bullish activity in TAL options during today’s trading session. This morning a trader sold 4,148 TAL Mar 42.5 puts for $0.93. This is a very bullish trade involving a high level of risk meaning this trader’s level of bullish conviction is relatively high. While this is an aggressive trade we believe TAL set up well for a long at these levels.

Trade: I bought 1,500 Shares of TAL at $41.61
Stop: $41.61
Targets: $42.35 and up every $0.25