Stocks have been a little bouncy the last two days.

Yesterday, our Stitch Fix, Inc (NASDAQ: SFIX)Oct 9, 2020, $28 call quickly shot higher by 50%.

Unfortunately, the profit window was too quick for me to get you out a timely alert.

Today, we’re able to lock in a small profit, which is the best move as time isn’t on our side. 

• Sell-To-Close the Stitch Fix, Inc (NASDAQ: SFIX) Oct 9, 2020, $28 call (SFIX201009C00028000) at the market.

Closing this trade right now will book a 10% gain!

Here’s what to do…

ACTION TO TAKE:

• In your brokerage account, locate the SFIX Oct 9, 2020, $28 call:
• Locate the options in your portfolio with the ticker: SFIX.
• The symbol is SFIX201009C00028000.
• Select how many contracts you want to sell.
• Once you have the right contract, click “sell to close.”
• Choose “market.”
• Then click "sell" to transmit the order.

You can also call your broker and say, "I want to Sell-To-Close SFIX Oct 9, 2020, $28 call (SFIX201009C00028000) at market."

Congrats on your winning trade!

It’s not a triple-digit gain but closing out winning trades does feel good.

I love hearing about your success, so please take a few moments to let me know how YOU personally fared in this trade. I’d love to hear from you. You can email me here: [email protected]

To your wealth, freedom & options!

Joshua M. Belanger