ACTION:

Buy to open the CSCO August 30 calls (CSCO160819C00030000) for a maximum price of $0.62.

Dear Momentum Options Subscriber,

I have a New Trade this morning that I would like us to get into at today’s opening bell.

 

Cisco Systems (CSCO, $29.26, up $0.52)

Buy to open the CSCO August 30 calls (CSCO160819C00030000) for a maximum price of $0.62.

Action: I like these call options at current levels, and you can use a Limit Order up to $0.62 on this morning’s open. These are the regular August options that expire on Aug. 19.

I will provide the parameters of the trade in today’s Mid-Market Update.

CSCO

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

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options