ACTION:

Buy to open the VUZI October 7.50 calls (VUZI161021C00007500) for a maximum price of $1.05.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio this afternoon on a familiar name that is showing strength today, and I want to play the move by using call options.

 

Vuzix (VUZI, $7.25, up $0.15)

Buy to open the VUZI October 7.50 calls (VUZI161021C00007500) for a maximum price of $1.05.

Action:  I like these call options at current levels, and you can use a Limit Order up to $1.05 to get the best fills.

These are the regular monthly options that expire on Oct. 21. 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