MomentumOptions.com New Trades (INTC, RKT) for 9/9/2022

1:30pm (EST)

I have 2 New Trades today so let’s go check the tape. One is a weekly call option, and the other is a regular monthly call option.

I will have a full market update on Monday and back to a regular daily schedule starting next week.

New Trades!

Intel (INTC, $31.36, up $0.61)

Buy to Open (weekly) INTC October 32 calls (INTC221007C00032000, $0.80, up $0.20)

Action: I like these call options at current levels and you can use a Limit Order up to 95 cents to get the best fills. These are the weekly INTC October 32 calls that expire on October 7th, 2022.

Rocket Companies (RKT, $8.01, up $0.33)

Buy to Open RKT December 8 calls (RKT221216C00008000, $0.95, up $0.12)

Action: I like these call options at current levels and you can use a Limit Order up to $1.15 to get the best fills. These are the regular RKT December 8 calls that expire on December 16th, 2022.