ACTIONS:
$1.25 Limit Order triggered on the first half of the BSX March 15 calls.
$0.85 Stop Limit triggered on the second half of the HLT April 29 calls.
Dear Momentum Options Subscriber,
I have Profits Alerts for two of our current positions this morning.
The first half of our Boston Scientific (BSX, $16.25, up $1.41) bullish call trade surpassed our $1.25 Exit Target and was closed on the breakout past $16.
Also, the second half of our bullish Hilton Worldwide Holdings (HLT, $28.03, down $0.63) trade was closed when the $0.85 Stop Limit triggered.
Boston Scientific (BSX, $16.25, up $1.41)
BSX March 15 calls (BSX150320C00015000, $1.30, up $0.85)
Entry Price: $0.45 (2/10/2015)
Exit Target: $1.25 (Limit Order on Half)
Return: 189%
Stop Target: None
The Limit Order of $1.25 was triggered on the first half of the trade after the calls opened at $1.34. They have traded up to $1.43. Continue to hold the second half.
Hilton Worldwide Holdings (HLT, $28.03, down $0.63)
HLT April 29 calls (HLT150417C00029000, $0.70, down $0.40)
Entry Price: $0.40 (1/8/2015)
Exit Target: $2.00 (closed half at $0.80 on 2/11/15)
Return: 106%
Stop Target: $0.85 (Stop Limit)
The $0.85 Stop Limit on the second half of the trade has triggered.
All prices given in this update are current as of 9:50 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