ACTION:

Buy to Open HTZ April 11 calls (HTZ160415C00011000, $0.50, up $0.10) at current levels.

Dear Momentum Options Subscriber,

I have a New Trade for the Momentum Options portfolio this afternoon that I want us to get into this morning.

Hertz Global Holdings (HTZ, $9.93, up $0.39)

Buy to Open HTZ April 11 calls (HTZ160415C00011000, $0.50, up $0.10) at current levels.

Action: I like these call options at current levels. Use a Limit Order up to $0.60 cents on the April 11 calls. If the options open lower than $0.60-$0.50 cents, we will get an even better fill on the open.

These are the regular monthly options that expire on April 15th. I will provide the parameters of the trade in today’s Mid-Market update.

All prices given in this update are current as of 7:30 a.m. EST.

I hereby disclose that I will be participating in the aforementioned trade(s). Every new Momentum Options recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options