We have a position that we're going to take to the window and cash out.
LYV will release earnings after the market close today.
Since we don't trade earnings, I'm closing this trade to lock in these real money gains.
Here's what I'm doing…
Sell-to-close the LYV Nov. 19, 2021, $105/$115 call spread
At last glance, the spread is trading at $3.50 per spread
If filled at that price, it's a 40% gain from entry at $2.40.
Congratulations again on this winning trade!
After you close this out, reply back and let me know how you did.