Flash Sell: Back In The Black.

April 8, 2020

Getting back to even isn’t a win, but it’s best we exit this position.

By exiting we can use our capital for a better opportunity.

  • Sell-to-close the Huntington Bancshares Inc (NASDAQ: HBAN) May 15, 2020, $8 call (HBAN200515C00008000) at the market.

Closing this trade right now will scratch this position.

Here’s what to do…

Action to Take:

  • In your brokerage account, locate the HBAN May 15, 2020, $8 call:
  • Locate the options in your portfolio with the ticker: HBAN.
  • The symbol is HBAN200515C00008000.
  • Select how many contracts you want to sell.
  • Once you have the right contract, click “sell to close.”
  • Choose the “market.”
  • Then click "sell" to transmit the order.

You can also call your broker and say, "I want to sell to close HBAN May 15, 2020, $8 call at the market."

We took our shot, but we didn’t profit as we expected.

We’ll get them on the next one.

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Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%