ACTION:
Take profits and sell to close half of the GOGO March 18 calls at current levels.
Dear Momentum Options Subscriber,
I have another Profit Alert on one of our trades that is showing a triple-digit gain.
Gogo (GOGO, $17.90, up $1.32)
GOGO March 18 calls (GOGO150320C00018000, $1.00, up $0.50)
Entry Price: $0.45 (2/20/2015)
Exit Target: $0.90
Return: 122%
Stop Target: None
Take profits and sell to close half of the GOGO March 18 calls at current levels. With earnings due out tomorrow, I would like to make this a risk-free trade going into the announcement.
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