ACTION:

Buy to open the XLNX October 57.50 calls (XLNX161021C00057500) for a maximum price of $0.75.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio this afternoon that I would like us to get into ahead of the closing bell.

 

Xilinx (XLNX, $53.00, up $0.92)

Buy to open the XLNX October 57.50 calls (XLNX161021C00057500) for a maximum price of $0.75.

Action: I like these call options at current levels, and you can use a Limit Order up to $0.75 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 Tuesday’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