Update On Eagle and Vulcan Call Trades

By Linda McDonough • August 31, 2017 • Updates

I know that some of you purchased the Eagle and Vulcan calls at prices higher than my limit. Congrats on the nice trade! Hindsight is a beautiful thing and I wish I had raised the limit immediately.

Alas, for those of you involved, sell the calls for roughly 65% and 70% respective gain in less than three days.

Sell to close the November 17, 2017, call on Eagle Materials (EXP) with a strike price of $92.5 at market ($8.00 at last trade). Symbol (EXP171117C92.5)

Sell to close the November 17, 2017, call on Vulcan Materials (VMC) with a strike price of $125 at market ($5.10 at last trade). Symbol (VMC171117C125)

Although these trades never made it into the official Profit Catalyst Portfolio, please let me know if you were involved and how you did via this survey. Your comments help me improve the service. Thank you.

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JoeJB

08/31/17 ‐ 10:07pm ET August 31, 2017 at 10:07pm ET

Linda
Just now have a chance to respond on the trades. These trades worked very well and thanks for the update today to sell to close;
EXP BTO $4.92 – STC $7.40
VMC BTO $2.76 – STC $5.02
Both trades very successful and profitable

Linda McDonough

09/01/17 ‐ 9:49am ET September 1, 2017 at 9:49am ET

Thanks for the update Joe- happy they worked well for you.
Best,
Linda

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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.