therefore it's best done with the put strategy >> all right >> probably best known for its turbotax software intuit is on track to report quarterly results on thursday next week. if you have a hunch the stock can break out around then, carter worth backs up your untuitiount intuition, if you will carter, take it away >> sure. so we'll do the exact same play here and similar to tony's playing with target last week for paypal meaning a breakout and it's a standard thing and everyone knows what it is and a few charts take a look at the first it's a comparative chart with paypal and look at that. they're literally railroad tracks and that's before the news-related breakout and see the h second chart and see what happened to paypal we will just sort of rinse repeat here and make the bet that this stock intuit is also going to break out so take a look at the third chart which is the absolute chart and look at the well-defined tops in the common level and the stock here at 284 is re-approaching the highs and the bet is that you get a news-related and earnings-related breakout to new highs. the final chart