Prices have consolidated around this level on the and are offering a MOMO entry. The prices have nice consolidation between Darvas levels, propulsion and a strong Wave. are 1/25/18, so we do not have to worry about unexpected on a short-term move.
I am looking for a $30.10 entry.
I do not necessarily like the options available for PENN . The Jan18 options are close to the 30day decay window and the April18 options would be a time premium with small open interest. However, Christmas holiday approaching, I would like the additional time, so I will be buying April18 30 Calls on a break of $30.10.