MBLY October $50 Calls: New Aggressive Trade

Mobileye (MBLY) had an amazing run in August after it went public. The IPO was priced at $25 and after early days of strength, the stock retreated to below $30. However, it has since regained momentum and looks to move even higher. I want us to ride the renewed strength in the stock and buy to open MBLY October $50 calls (exp. 10/18) at $6.10 or under. This is an aggressive trade.