MomentumOptions.com New Trade (STM) 3/31/2017

2:50pm (EST)

I have a New Trade I want to get us into ahead of the weekend.

 

STMicroelectronics (STM, $15.48, up $0.04)

Buy to Open STM May 15 calls (STM170519C00015000, $1.15, up $0.05)

Action: I like these call options at current levels and you can use a Limit Order up to $1.30 to get the best fills. These are the regular STM May 15 calls that expire on May 19th, 2017. I will provide the parameters of the trade in Monday’s update.