ACTION:
The Stop Limit of $1.30 has triggered on the second half of the BSX March 15 calls.
Dear Momentum Options Subscriber,
I have a Profit Alert for one of our current trades. Shares of Boston Scientific (BSX, $16.16, down $0.15) traded up to $16.38 this morning but have since faded. As a result, the second half of our BSX call trade has been closed.
Boston Scientific (BSX, $16.16, down $0.15)
BSX March 15 calls (BSX150320C00015000, $1.25, down $0.15)
Entry Price: $0.45 (2/10/2015)
Exit Target: $2.50 (closed half at $1.34 on 2/18/15)
Return: 193%
Stop Target: $1.30 (Stop Limit)
The $1.30 Stop Limit on the second half of the trade has been tripped. The average closing price was $1.32.
All prices given in this update are current as of 11:00 a.m. EST.
Every new Momentum Options recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.
Trade on!
Rick Rouse
Editor and Chief Options Strategist
Momentum Options