ACTION:

Buy to open the WATT August 12.50 calls (WATT160819C00012500) for a maximum price of $1.60.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio this afternoon on a familiar name that I want us to get back into using call options.

 

Energous (WATT, $12.11, up $1.00)

Buy to open the WATT August 12.50 calls (WATT160819C00012500) for a maximum price of $1.60.

Action: I like these call options at current levels, and you can use a Limit Order up to $1.60 to get the best fills.

These are the regular August call options that expire on Aug. 19. I will provide the parameters of the trade in tomorrow’s Pre-Market Update.

 

I hereby disclose that I will be participating in the aforementioned trade(s).

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options