It's time to pocket some hard-earned gains!

• We're selling to close the Clovis Oncology (NASDAQ: CLVS) March 20, 2020, $10 call at the market.
  
• We're selling to close the Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Feb. 21, 2020, $22 call at the market.

On Monday, we purchased Clovis Oncology (NASDAQ: CLVS) March 20, 2020, $10 call, which is up 100% today.

We’re also going to exit our Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Feb. 21, 2020, $22 call.

This gapped higher this morning, but then sold off too quickly for us to manage a winner.

We’re going to manage our loss and punt this.

Here's what we're doing...

Action to Take:

• In your brokerage account, locate the CLVS March 20, 2020, $10 call:
• Locate the options in your portfolio with the ticker: CLVS.
• The symbol is CLVS200320C00010000.
• 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 CLVS March 20, 2020, $10 call at the market."

-AND-

• In your brokerage account, locate the MLCO Feb. 21, 2020, $22 call:
• Locate the options in your portfolio with the ticker: MLCO.
• The symbol is MLCO200221C00022000.
• 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 MLCO Feb. 21, 2020, $22 call at the market."

Congrats on your winning trades!

We 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].