ACTION:

Buy to open the WATT November 15 calls (WATT161118C00015000) for a maximum price of $2.00.

Dear Momentum Options Subscriber,

I have a New Trade this afternoon on a name that is no stranger to our portfolio. Shares of Energous (WATT) are still in a bullish uptrend and are on the verge of making a run at $20 over the next few months.

 

Energous (WATT, $14.06, up $0.14)

Buy to open the WATT November 15 calls (WATT161118C00015000) for a maximum price of $2.00.

Action: I like these call options at current levels, and you can use a Limit Order up to $2.00 to get the best fills.

These are the regular monthly call options that expire on Nov. 18. 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