MomentumOptions.com Trade Alerts (T, HIMX, MRO) for 7/27/2021

1:05pm (EST)

I’m closing three trades this afternoon on stocks showing both weakness and strength. There are a few more positions that will be in play this week that will allow us to consolidate the portfolio while looking for new trades into September and October.

Trade Alerts

AT&T (T, $28.20, up $0.02)

T August 27 puts (T210820P00027000, $0.21, down $0.05)

Entry Price: $0.42 (7/19/2021)
Exit Target: $0.85
Return: -50%
Stop Target: None

Action: Close the trade at current levels to save the remaining premium.

Himax Technologies (HIMX, $12.24, down $0.91)

HIMX August 20 calls (HIMX210820C00020000, $0.05, down $0.01)

Entry Price: $1.00 (6/30/2021)
Exit Target: $2.00
Return: -95%
Stop Target: None

Action: Close the trade at current levels to save the remaining premium.

Marathon Oil (MRO, $11.40, down $0.43)

MRO August 15 calls (MRO210820C00015000, $0.06, down $0.02)

Entry Price: $0.70 (6/25/2021)
Exit Target: $1.40
Return: -91%
Stop Target: None

Action: Close the trade at current levels to save the remaining premium.