ACTION:

Buy to open the ETFC November 29 calls (ETFC161118C00029000) for a maximum price of $1.15.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio today that I want us to get into on this morning’s open.

 

E*Trade Financial (ETFC, $28.51, up $0.39)

Buy to open the ETFC November 29 calls (ETFC161118C00029000) for a maximum price of $1.15.

Action: like these call options at current levels, and you can use a Limit Order up to $1.15 to get the best fills.

These are the regular monthly options that expire on Nov. 18. I will provide the parameters of the trade in today’s Mid-Market Update.
etfc

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

Trade on!

Rick Rouse
Editor and Chief Options Strategist
Momentum Options