ACTIONS:
Buy to open the NVDA April 23 calls (NVDA150417C00023000, $0.65, up $0.09) at current levels.
Buy to open the NVDA May 24 calls (NVDA150515C00024000, $0.65, up $0.05) at current levels.
Dear Momentum Options Subscriber,
I have a New Trade this morning on a stock that is showing strength. Shares are on the verge of fresh 52-week highs and are setting up for a possible run past $25.
NVIDIA (NVDA, $22.93, up $0.23)
Buy to open the NVDA April 23 calls (NVDA150417C00023000, $0.65, up $0.09) at current levels.
Buy to open the NVDA May 24 calls (NVDA150515C00024000, $0.65, up $0.05) at current levels.
I like these both of these regular monthly call options at current levels and will provide the parameters of each trade in the Mid-Market Update. The April calls expire on April 17, and the May calls expire on May 15.
All prices given in this update are current as 10:00 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