Sell Molson Coors (NYSE: TAP) Puts for 100% Plus Gain

By Linda McDonough • October 25, 2018

Sell to close the January 18, 2019 put on Molson Coors Brewing Company (NYSE: TAP) with a strike price of $60.00 at $4.70 or higher for a 100% gain in less than one month. Symbol (TAP190118P60)

While I hate shrinking any bearish exposure in this market, these puts have more than doubled in less than one month. Those that would prefer to hold on can place a stop-loss limit on their positions. The puts do not expire until January, so you have quite a bit of time before expiration.

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Steve Aarnio

10/25/18 ‐ 10:44am ET October 25, 2018 at 10:44am ET

Oh, brilliant! I actually put in a GTC sell order at $4.90 a couple of days ago, and it triggered this morning! Nice. Thanks, Linda!

Matt H

10/25/18 ‐ 10:59am ET October 25, 2018 at 10:59am ET

I put in a GTC order at your price. Just waiting for the profits 🙂

MarkS

10/25/18 ‐ 11:05am ET October 25, 2018 at 11:05am ET

In at $2.47 out at $4.20 for 70% gain.
couldn’t wait for $4.70 as I needed the proceeds to reinvest in another trade.
good call,

JoeJB

10/25/18 ‐ 11:17am ET October 25, 2018 at 11:17am ET

Good Call. BTO @ $2.40 and STC @ $5.00

Daniel Long

10/25/18 ‐ 11:36am ET October 25, 2018 at 11:36am ET

STC 4.66
BTO 2.32
Good call. Nice to see some good news for a change.
Thanks, Linda.

Phil L.

10/25/18 ‐ 11:57am ET October 25, 2018 at 11:57am ET

Out with a profit

Thank you Linda

Phil

Baron36

10/26/18 ‐ 9:44am ET October 26, 2018 at 9:44am ET

STC today at 5.13.
Thank you Linda.

Andy

10/26/18 ‐ 12:28pm ET October 26, 2018 at 12:28pm ET

Filled HUN @ 1.75 w/ $20 Strike. what did I do wrong?

Linda McDonough

10/29/18 ‐ 9:04am ET October 29, 2018 at 9:04am ET

Andy,
Are you sure this is the correct message board? I have not had HUN in the portfolio of ideas suggested. Maybe one of Jim Fink’s services?
Best,
Linda

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About The Author

Linda McDonough

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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.