Sell Chemours Call for a 92% Gain

By Linda McDonough • November 7, 2016

Sell to close the January 20, 2017 call on The Chemours Company (NYSE: CC) with a strike price of $17.5 at $2.50 or higher Symbol (CC170120C17.5)

I had planned on holding this call longer but our prediction of positive news regarding the company’s climate friendly cooling chemicals was better than expected. I can’t resist a 92% gain in four short trading days.

I hope to re-enter another trade with Chemours in the future as I think the stock will continue to do well based on its choke hold on manufacturing of Opteon, a chemical mandated for use in autos and some appliances.

Subscribers who want to ride the calls longer can put a stop loss on the position around $2.20.

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11/07/16 ‐ 1:41pm ET November 7, 2016 at 1:41pm ET

Hi Linda,
Glad I bought the middle kid a new Ski Jacket yesterday now this was fabulous to be raking in the moolah so fast.
I had CC in 2 diff accounts my IRA in both cases bought at 1.25 in regular acct sold at 2.95 in IRA = 136% profit.
My IRA sold at 3.02 this was formula end – start / start X 100 = 141.6% profit
I was about to go work on my insulating job downstairs but thought I should really check stocks.
Good idea on my part.
Brilliant trade recommendation on yours!!!!!

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About The Author

Linda McDonough

Bio | Archive

Linda McDonough is a veteran hedge fund analyst who loves to break down company financial statements and identify market inefficiencies to uncover big opportunities. She believes in a boots-on-the-ground approach that includes surveying customers, interviewing company executives, or doing whatever it takes to see what others don't.

She's now brought her experience as a hedge fund analyst to subscribers of her Profit Catalyst Alert service. Her system identifies small- and mid-cap stocks that are about to move due to catalytic events that few others can identify...until it's too late. These events often times result in massive gains for her followers.