New Trade (DDD) for 2/22/2017

1:10pm (EST)

I have a New Trade on a stock that could be in store for an explosive move higher next week. Shares are pulling back today and are giving us a great opportunity to go long.


3D Systems (DDD, $16.87, down $0.37)

Buy to Open March 18 calls (DDD170317C00018000, $0.45, down $0.15)

Action: I like these call options at current levels and you can use a Limit Order up to 60 cents to get the best fills. These are the regular DDD March 18 calls that expire on March 17th, 2017. I will provide the parameters of the trade, along with a lengthy update, in today’s Mid-Market update that should be ready within the hour.