Sell Granite Calls for an 80% Gain in Two Weeks

By Linda McDonough • September 12, 2017

Sell to close the December 15, 2017, call on Granite Construction (GVA) with a strike price of $55 at $4.60 or lower. Symbol (GVA171215C55)

These Granite calls are up 80% in just two weeks time. What a trade these infrastructure stocks have been!

Despite prices moving up above my limit on the Eagle (NYSE: EXP) and Vulcan (NYSE: VMC) calls, we were able to get on board with Granite and Summit (NYSE: SUM), whose calls we sold just two days after purchase for a 140% gain.

Those of you who have been with me for a while know that I like to take a big gain when it comes quickly in options. However, these calls do not expire until December so if you prefer to hold on you can put a stop on these calls right around this level.

As always I’m eager to hear how this trade (and any others) worked out for you. If you’d like please consider filling out this survey so that I can improve the service for you.

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Jerry

09/12/17 ‐ 9:02pm ET September 12, 2017 at 9:02pm ET

How can I receive text alerts when you recommend new option trades?

Linda McDonough

09/13/17 ‐ 2:52pm ET September 13, 2017 at 2:52pm ET

Hi Jerry,
I’ve put a note into customer service as you should be able to sign up for text alerts when signing up for the service.
Best,
Linda

09/14/17 ‐ 5:36am ET September 14, 2017 at 5:36am ET

Hi Jerry,
Thanks for your patience. There are two ways to get the text alerts.
1. You can call customer service directly at 800.832.2330 and ask them to sign you up.
2. There is an option for text alerts in your Account / Notification Preferences
Let me know if this works.
Best,
Linda

09/20/17 ‐ 10:30am ET September 20, 2017 at 10:30am ET

Jerry,
There have been a few trades since you posted last. Please let me know if you need any more help getting the text alerts. Crossing my fingers that you’re receiving them!
Best,
Linda

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