ACTION:
Buy to open the GOGO May 20 calls (GOGO150515C00020000, $0.85, up $0.10) at current levels.
Dear Momentum Options Subscriber,
I have a New Trade on a name that we recently made great profits on. Shares of Gogo (GOGO, $18.51, up $0.53) are on the go, and I like the May options to play a run past $20.
Gogo (GOGO, $18.51, up $0.53)
Buy to open the GOGO May 20 calls (GOGO150515C00020000, $0.85, up $0.10) at current levels.
I like these call options at current levels and will cover the parameters of the trade in tomorrow’s Pre-Market Update. These are the regular monthly options that expire on May 15.
All prices given in this update are current as of 3:30 p.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