MomentumOptions.com New Trade (WU)/ Trade Alert (CCL) for 5/8/2020
I have a New Trade I want to get into and one I want to close.
Western Union (WU, $19.98, up $0.53)
Buy to Open WU June 21 calls (WU200619C00021000, $0.50, up $0.15)
Action: I like these call options at current levels and you can use a Limit Order up to 60 cents to get the best fills. These are the regular WU June 21 calls that expire on June 19th, 2020.
Carnival (CCL, $14.06, up $0.53)
CCL May 13 puts (CCL200515P00013000, $0.40, down $0.30)
Entry Price: $0.80 (5/1/2020)
Exit Target: $1.60 (Limit Order on half)
Stop Target: None
Action: Close the trade at current levels to save the remaining premium.