Sell Applied Material Calls for 53% Gain
Sell to close the March 16, 2018 call on Applied Materials (NSDQ:AMAT) with a strike price of $55.00 at $3.90 or higher. Symbol (AMAT180316C55) for a 53% gain.
The semiconductor equipment space is on a tear today thanks to good news from Ichor Holdings (NSDQ: ICHR) and semiconductor equipment manufacturer ASML (NSDQ: ASML).
I love the space but can’t resist booking a 53% gain in less than one month. For those of you who haven’t sold the Ichor calls yet, they are trading at $2.00, significantly higher than the $1.65 exit price I suggested.
Alas, a gain in hand is worth quite a bit but those of you who waited should catch that higher price on the Ichor February calls.
As always, please let me know how these trades worked out for you by taking this brief survey.
Stock Talk
Jeffrey Shultz
Thanks again, Linda. Yours is one of the two advisory services (Alan Ellman’s Blue Collar Investor being the other) that I consider truly valuable — excellent information and results with little to no spam as a consequence. I’m happy to recommend you to others. (As long as they don’t affect stock and option prices!)
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Mike D
Sold AMAT for 3.90 on TOS
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Chee L.
Sold half my calls in AMAT at $3.90 for 112% gain. Great picks and recommendations. Thanks again Linda.
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Paul
Sold AMAT for $3.90 on Fidelity. Thanks Linda.
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John N
Sold at $4.60. A BIG thank you!
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MODERATOR: Lisa G
Sold for $3.90 for an 83% return! Thanks Linda!
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Nils Mellquist
Lisa: do you send text alerts? Do to my hectic schedule and the overwhelming nature of email i am afraid that I catch only a fraction of your calls? Also, I have noticed that you do not put out spread trade recommendations for directionally trading markets or iron condors or butterflies for sideways markets or straddles to hedge earnings releases. Any reason why? Thanks, Nils
Chee L.
You can enable text alerts by going to “My Account” on the upper right hand side of the page, then “Notifications”, and select your notification methods for the subscriptions that you have. Anyway, for ICHR and AMAT today, the upsides were great for finding out late lol. Happy trading.
Linda McDonough
Chee,
Thank you for helping out here. It seems that in this bull market, selling later is always better!! Either way, I’m happy to deliver double-digit gains.
Best,
Linda
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Linda McDonough
Nils,
All of my option recommendations are simple long puts or calls. They are trades based on the pure fundamentals of a company. I am in no way an options specialist and simply offer these trades as a way to leverage my bullish or bearish bias on a stock. I do choose the option series based on events coming up on the calendar and internal valuation targets.
Please do sign up for the text alerts if you can. Although waiting has resulted in higher gains recently, I fear that may not always be the case.
Best,
Linda
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Ronner
Sold AMAT @ 4.65 Wow. Let’s do this again! Thanks Linda
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Carlton
Hi Linda,
Sold $4.60….great trade! Two closing winners in one day is even better!!! I’ve more than covered the subscription price in less than the last 3 trades, and I’m only risking @ $500-$800 per option trade. Now we just need CELG to stop tanking!
Best,
Carlton
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Al Weikmann
Thanks for your advice Linda, $LRCX – 66.6% ROI, $AMAT – 75.9% ROI and last but not least $ICHR – 233% ROI, very nice trade. Thanks again!
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