MomentumOptions.com New Trades (INTC, RMBS, XLK) for 3/2/2020

9:50am (EST)

I have 3 New Trades I want to get into so let’s get on it.

New Trades!

Intel (INTC, $54.90, down $0.62)

Buy to Open INTC March 60 calls (INTC200320C00060000, $0.60, down $0.30)

Action: I like these call options at current levels and you can use a Limit Order up to 75 cents to get the best fills. These are the regular INTC March 60 calls that expire on March 20th, 2020.

Rambus (RMBS, $13.93, down $0.05)

Buy to Open RMBS April 15 calls (RMBS200417C00015000, $0.45, down $0.05)

Action: I like these call options at current levels and you can use a Limit Order up to 60 cents on the open to get the best fills. These are the regular RMBS April 15 calls that expire on April 17th, 2020.

Technology Select Spiders (XLK, $89.07, up $0.70)

Buy to Open XLK April 97 calls (XLK0417C00097000, $1.20, up $0.15)

Action: I like these call options at current levels and you can use a Limit Order up to $1.35 to get the best fills. These are the regular XLK April 97 calls that expire on April 17th, 2020.