Buy to open the KKD April 16 calls (KKD160415C00016000, $0.60, down $0.17) at current levels.

Dear Momentum Options Subscriber,

I have a New Trade this morning on a name that could be on the verge of a major breakout. Shares are just below their 200-day moving average, and earnings are due to be released on Tuesday, after the market closes.

This trade caries high risk/high reward profile due to earnings, and I covered KKD’s numbers earlier this month. I’m bullish on the stock, and I want to get us into call options on today’s pullback.


Krispy Kreme (KKD, $15.53, down $0.31)

Buy to open the KKD April 16 calls (KKD160415C00016000, $0.60, down $0.17) at current levels.

Action: I like these call options at current levels, and you can use a Limit Order up to $0.75 to get the best fill.

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


All prices given in this update are current as of 11:05 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