Flash Sell: Lock in a Small Winner to Start Q4

October 1, 2020

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

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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%