Take profits and sell to close the RMBS August 13 calls at current levels.
Dear Momentum Options Subscriber,
I have a monster Profit Alert this morning for our current position in Rambus (RMBS). With a return approaching 75%, let’s lock in these juicy profits at current levels.
Rambus (RMBS, $13.41, up $0.60)
RMBS August 13 calls (RMBS160819C00013000, $0.80, up $0.28)
Entry Price: $0.46 (7/13/2016)
Exit Target: $1.00
Stop Target: None
Action: Take profits and sell to close the RMBS August 13 calls at current levels to lock in these massive profits in less than a week!
I hereby disclose that I will be participating in the aforementioned trade(s).
Editor and Chief Options Strategist