Watching GPK for significant increase after the $0.02 ER miss. I'm considering the dip qualified since it holds far below the 255 day linear regression 1x stddev bar. Their Revenue was in-line and the miss on earnings was rather small. I'm looking for a push up to at least my Price Target of $14.80. I purchased $15 6/15 calls on 5/14 and expect to sell at my PT.
I don't expect major catalysts / news from these guys, I'm just looking to swoop this dip with a little bit of leverage.
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Made a small profit selling these calls -- don't really know much about this company so I'm going to keep out of this one for now.
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