ACTION:

Buy to open the IMAX January (2017) 36 calls (IMAX170120C00036000) for a maximum price of $1.10.

Dear Momentum Options Subscriber,

I have a New Trade for the portfolio this afternoon ahead of the market holiday tomorrow, so let’s get to the action while Wall Street is napping.

 

Imax (IMAX, $34.28, up $0.13)

Buy to open the IMAX January (2017) 36 calls (IMAX170120C00036000) for a maximum price of $1.10.

Action: I like these call options at current levels, and you can use a Limit Order up to $1.10 to get the best fills.

These are the monthly options that expire on Jan. 20, 2017. I will provide the parameters of the trade in Friday’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