The market is moving in our direction and you have another opportunity to lock in more gains!
- Sell-To-Close 50% of the Melco Resorts & Entertainment (NASDAQ: MLCO) Oct. 16, 2020, $20 call (MLCO201016C00020000) at the market.
You’ve earned the right to take off some of your gains.
Let’s manage some of your profits by selling 50% of your position, which will lock in a guaranteed 50% gain!
These contracts don’t expire for another 31 days, so we have time to ride this higher for more gains.
Here’s what to do…
ACTION TO TAKE:
- In your brokerage account, locate the MLCO Oct. 16, 2020, $20 call:
- Locate the options in your portfolio with the ticker: MLCO.
- The symbol is MLCO201016C00020000.
- 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 Oct. 16, 2020, $20 call (MLCO201016C00020000) at market."
Congrats on your new gains.
Now, I’m looking forward to closing out the rest for bigger profits.
And I’ll be keeping you updated every step of the way.
Talk with you soon,
Joshua M. Belanger