American Express Stock's Perfect Week a Boon for Bulls

Core Insights - The recommendation for American Express (NYSE: AXP) involved a weekly 5/10 225-strike call, which was issued on May 5, leading to a profitable trade for subscribers [1] - At the time of the recommendation, American Express shares had retraced 38% of their post-earnings reaction, indicating potential support levels [1] - The stock was identified as a good target for premium buyers due to its high Schaeffer's Volatility Scorecard (SVS) rating of 86 out of 100, suggesting it had made larger moves than traders anticipated over the past year [1] Price Movement and Profit - Shares of American Express were observed at $239.15, down 1.3%, but traders exited their positions on May 10, achieving a remarkable 111% profit after five consecutive positive trading sessions [2]