Call Options on NXPI on 10/31/2016

NXP Semiconductors N.V. (NXPI) provides high performance mixed signal and standard semiconductor solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide.

It offers products for car audio and visual head-end unit applications, in-vehicle networking products, two-way secure entry products, and various sensors and microcontrollers.

The company also provides secure identification solutions comprising passive RF connectivity devices; microcontroller devices; and secure real-time operating system software products to facilitate the encryption-decryption of data, and the interaction with the reader infrastructure systems.

In addition, it delivers semiconductor-based technologies for connected devices, secure mobile transaction solutions, and various connectivity solutions; and offers digital networking processors, secure interface and system management products, high-performance RF power-amplifiers, and smart antennae solutions.

Further, the company provides standard semiconductor components, such as small signal discretes, power discretes, protection and signal conditioning devices, and standard logic devices. Its products are used in automotive, identification, mobile, consumer, computing, wireless infrastructure, lighting, and industrial applications. NXP Semiconductors N.V. markets its products to various original equipment manufacturers, original design manufacturers, contract manufacturers, and distributors. 

Shares have formed a bullish "flag" after Qualcomm (QCOM) announced that it will purchase the firm for $110 per share in CASH. Higher share prices are expected for this stock.

52-Weeks Trading Range: $61.61 - $107.54

Last Trade: $99.78

We will trade November 25th $100 Call Options.

Trade Buy 1 November $100.00 Call at $1.00 For a net debit of $1.00 Profit/Loss Analysis Breakeven at $101.00 Maximum profit is unbounded Maximum loss is ($100.00) at strike of $100.00 Closing Summary Sold 1 November $100.00 Call at $0.00

Position closed on 11/28/2016 at price of $0.00 with a -100.00% loss in 27 days.

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