MomentumOptions.com Profit Alert (IMAX) for 8/2/2017

10:45am (EST)

I have a Profit Alert in IMAX on today’s pullback.

 

Imax (IMAX, $20.13, down $1.92)

IMAX August 21 puts (IMAX170818P00021000, $1.40, up $1.05)

Entry Price: $0.78 (7/21/2017)
Exit Target: $1.60
Return: 79%
Stop Target: None

Action: Close the trade at current levels to lock-in profits.