Trade Alert: Close SPY call option
Sell to close the SPDR S&P 500 ETF (NYSE: SPY) June 15, 2018 $282 call option.
The option trade got off to a rocky start for us, but market has bounced back. Ahead of Jerome Powell’s first testimony before Congress tomorrow, which could have a significant effect on the market either way, I think it’s prudent to close the trade to lock in the modest gain.
Stock Talk
Victor
filled @ $5.20 on Tasty. Thank you
Stephen Leeb
Victor et al., You guys all did better than I did. I could not be happier. That is a trend I would love to see persist – especially if we remain on the positive side of things. Stay tuned I should have another trade in the near future. Best, Steve
Stephen Leeb
Just for the record, I meant to say you all did better than our record will show. I don’t trade myself it would be too much of a conflict. Steve
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Chee L.
Closed at $5.42 and $5.45 on TOS. Thanks for the nice gain.
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Rick
Sold at $5.45 on Fidelity – very nice profit.
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Larry Johnson
Closed at 5.45.
5.45 – 3.61 = 1.84
1.84/3.61 = 51% less commissions.
Good Trade. Thanks!!!
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Kristin B
Sold at 5.48
@Schwab
Thanks!
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Phil Ash
Bought at $3.95. 38% in 5 days. Not terrible! 🙂
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Benny K
Out at 5.46 on Schwab. Thanks for the nice trade.
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Stanley
Sold a little earlier in the day.
33% profit in a few days.
My only regret I didn’t buy more LOL
Thanks
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Tim Lewis
Out at $6.07.. decided to wait a bit.
Rick
Very nice
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Paul
Sold at $5.48. Thank You !!!
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Ronner
I’ll take a “modest gain” like this anytime. Keep them coming! Thanks Stephen and team.
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