The technology sector continues to dominate the recommendations that are popping up on the Momentum Trader Alert computer screens.
Founded in 1995 and headquartered in Reston, Virginia, Verisign Inc. (VRSN) is a global leader in providing domain name registry services and internet security. The company enables internet navigation for many of the world’s most recognized domain names and provides protection for websites and enterprises around the world.
Verisign Inc. (VRSN) vs. the S&P 500 year to date.
Momentum Trader Analysis
Buy Verisign Inc (VRSN) at market today and place your stop at $103.00.
If you want to play the options, I recommend the VRSN January $110 calls (VRSN180119C00110000), which last traded at $4.30 and expire on Jan. 18.
Sell your remaining Aon Plc (AON) October $135 calls, which last traded at $11.80, to lock in a 101.71% gain.
Intuitive Surgical (ISRG) split its stock 3 for 1 on Oct. 6. Adjust your stop to $351 to lock in a 20% gain.
Raise your stop in CBOE Holdings Inc. (CBOE) to $105.65 to lock in a 15% gain.
Raise your stop in Altbaba, Inc. (AABA) to $66.35 to lock in at least a 15% gain.
Nicholas A. Vardy