MomentumOptions.com New Trades (XLE, CVS) for 1/8/2019

8:00am (EST)

I have 2 more New Trades I want to get us into on the open so let’s go check them out. Please note, it the options open higher than the limit prices, VOID the trades.

 

New Trades!

Energy Select Spiders (XLE, $60.76, up $0.89)

Buy to Open XLE February 64 calls (XLE190215C00064000, $1.00, up $0.25)

Action: I like these call options at current levels and you can use a Limit Order up to $1.20 to get the best fills. These are the regular XLE February 64 calls that expire on February 15th, 2019.

 

CVS Health (CVS, $68.61, up $1.79)

Buy to Open CVS February 72.50 calls (CVS190215C00072500, $1.05, up $0.40)

Action: I like these call options at current levels and you can use a Limit Order up to $1.25 to get the best fills. These are the regular CVS February 72.50 calls that expire on February 15th, 2019.