It's time to pocket more hard-earned gains!
- Sell-to-close the Teck Resources Limited (NYSE: TECK) June 19, 2020, $10 call (TECK200619C00010000) at the market.
Closing this trade right now will book a 5% gain on our original entry.
But, if you followed my advice to add more to the pullback, you’ll book a 50% gain!
These contracts end in 16 days and time decay will increase making it harder to keep our gains.
Instead of fighting the headwind, we’ve earned the right to take our profit and we must sell into this move.
Here’s what to do…
Action to Take:
- In your brokerage account, locate the TECK June 19, 2020, $10 call:
- Locate the options in your portfolio with the ticker: TECK.
- The symbol is TECK200619C00010000.
- 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 TECK June 19, 2020, $10 call (TECK200619C00010000) at market."
Congrats on your winning trade!
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].