MomentumOptions.com Alert Update (IRDM) for 3/17/2026

1:15pm (EST)

We have an update on Iridium Communications (IRDM) as key resistance seems to be holding. The win pushes the Track Record to 12-2 for 2026 for an 86% win rate with four triple-digit winners.

Alert Update!

Iridium Communications (IRDM, $25.95, up $0.96)

Option: IRDM April 30 calls

Expiration Date: April 17th, 2026

Entry Option Price: $0.50 (3/2/2026)

Current Option Price: $0.60

Exit Target: $1.00

Return: 20%

Stop Target: None

Action: We mentioned on Monday if shares fall below $24.25-$24 this week would exit the Alert for a slight profit, or scratch. The calls have traded up to 67 cents and we were expecting more of a pop in the options given the 4% jump in the stock. These calls are still out-of-the-money so let’s exit at current levels. We will keep shares on our Watch List.

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