We’re caught on the wrong side of this two-sided market and today’s morning weakness is weighing down the Nasdaq 100.
Our stop loss triggered on your MU August 23, 2019, $45.50 calls.
To protect our capital and reload, It's time to cut bait and move onto the next trade.
Here’s what to do…
Action to Take:
In your brokerage account, locate the MU August 23, 2019, $45.50 calls:
Locate the options in your portfolio with the ticker: MU.
The symbol is MU190823C00045500.
Select how many contracts you want to sell.
Once you have the right contract, click "sell to close."
Then click "sell" to transmit the order.
You can also call your broker and say, "I want to sell to close MU August 23, 2019, $45.50 calls at market."
Losing can be frustrating, but we’ll continue to follow the system and get them on the next one.
To your wealth, freedom & options!
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%