The Stop Limit at $0.47 was triggered on the CVS April 105 calls.

Dear Momentum Options Subscriber,

I have a Profit Alert this morning for our position in CVS Health (CVS), as the common shares have fallen back below par. Although I’m disappointed that our gain was slim, we can use the proceeds to get into a fresh New Trade that I’m currently looking at. Stay tuned in case I take action.


CVS Health (CVS, $99.82, down $0.70)

CVS April 105 calls (CVS160415C00105000, $0.49, down $0.08)

Entry Price: $0.45 (3/4/2016)

Exit Target: $0.90

Return: 4%

Stop Target: $0.47 (Stop Limit)

Action: The Stop Limit of $0.47 triggered on the stock’s fall back below $100, and we are now out of the position.


All prices given in this update are current as of 10:30 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