We were able to withstand the stock shakeout the last few days and now it’s time to pocket our gains!
On February 22nd, we bought to open Mattel Inc. (NASDAQ: MAT) March 12, 2021, $19.50 call. Shares are soaring and our options traded up to $1.35, hitting our profit target at $1.15 per contract. Hopefully, you had your order ready and were filled at $1.15 or higher.
If not, here’s what to do…
Action to Take #1:
Sell-To-Close the Mattel Inc. (NASDAQ: MAT) March 12, 2021, $19.50 call (MAT210305C00019500) at the market.
At last glance, these calls are trading at $1.05, which means closing at that price could book a 16% gain or more.
On February 17th, we bought to open World Wrestling Entertainment, Inc. (NYSE: WWE) March 19, 2021, $55 call. Shares are ripping and our options are trading at our profit target at $0.70 per contract. Hopefully, you had your order ready and were filled at $0.70.
Action to Take #2:
Sell-To-Close the World Wrestling Entertainment, Inc. (NYSE: WWE) March 19, 2021, $55 call (WWE210319C00055000) at the market.
At last glance, these calls are trading at $0.70, which means closing at that price could book a 25% gain or more.
We’ve earned the right to take our profit, so let's take this to the window and cash out.
Congrats on back-to-back winning trades! If we keep following our system, more wins are bound to follow.
Now, I love hearing about your success, so please take a few moments to let me know how you personally fared in these trades.
To your wealth, freedom & options!
Joshua M. Belanger