ACTION:
Buy to open the GOGO April 23 calls (GOGO150417C00023000, $0.55, up $0.30) at current levels.
Dear Momentum Options Subscriber,
I have a New Trade on a name that we have traded recently. Shares are on the verge of fresh 52-week highs and are setting up for a possible push past $24 over the near term.
Gogo (GOGO, $21.50, up $0.57)
Buy to open the GOGO April 23 calls (GOGO150417C00023000, $0.55, up $0.30) at current levels.
I believe shares are headed for a run to $22-$24, and I like these call options at current levels. These are the regular monthly options that expire on April 17.
All prices given in this update are current as 3:25 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