MomentumOptions.com New Trades (CY, MRVL) for 5/16/2019
3:10pm (EST)
I have 2 New Trades I want to get into ahead of the closing bell so let’s get on it.
New Trades!
Cypress Semiconductor (CY, $15.92, down $0.16)
Buy to Open CY September 17 calls (CY190920C00017000, $0.75, down $0.05)
Action: I like these call options at current levels and you can use a Limit Order up to 85 cents to get the best fills. These are the regular CY September 17 calls that expire on September 20th, 2019.
Marvell Technology (MRVL, $23.16, up $0.06)
Buy to Open MRVL June 25 calls (CY190621C00025000, $0.47, down $0.05)
Action: I like these call options at current levels and you can use a Limit Order up to 55 cents to get the best fills. These are the regular MRVL June 25 calls that expire on June 21st, 2019.