MomentumOptions.com New Trade (SNE) for 5/26/2017

10:40am (EST)

I have a New Trade on a stock that is no stranger to the portfolio over the years and is setting fresh 52-week highs.

 

Sony (SNE, $36.48, up $0.31)

Buy to Open SNE July 37 calls (SNE170721C00037000, $0.85, up $0.13)

Action: I like these call options at current levels and you can use a Limit Order up to $1 to get the best fills. These are the SNE July 37 call options that expire on July 21st, 2017. I will provide the parameters of the trade in today’s Mid-Market update.