ACTION:

Buy to open the GDOT August 25 calls (GDOT160819C00025000) for a maximum price of $0.90.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio this morning on a name that is pushing towards fresh 52-week peaks.

 

Green Dot (GDOT, $23.40, up $0.04)

Buy to open the GDOT August 25 calls (GDOT160819C00025000) for a maximum price of $0.90.

Action: I like these call options at current levels, and you can use a Limit Order up to $0.90 to get the best fills.

These are the regular monthly options that expire on Aug. 19, or 43 days from today. I will provide the parameters of the trade in today’s Mid-Market Update.

GDOT

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

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options