Most readers know I own 300 shares of Netflix (NFLX). 100 shares for my “Gift Account” and 200 shares in my Trading Account for trading. Well, the 200 shares in my Trading Account I just sold. I could have got a lot more last week but I didn’t get assigned on my $415 Call. I really wanted to hold on to my shares but with the market taking a big dip today I decided to bail out with a very nice profit. I bought 100 of these shares on 4/16/18 for $313.10 and 100 on 4/17/18 for $333.85. I just sold these 200 shares for $390. It’s a great profit but I have mix feelings because I wanted to hold on to this stock. I guess I got a little nervous! In my heart I know NFLX will continue up. If it does I’ll have a decision to make.
4/16/18 – Buy 100 Shares NFLX @ $313.10
6/25/18 – Sell 100 Shares NFLX @ $390.00
Profit +$7690
4/17/18 – Buy 100 Shares NFLX @ $333.85
6/25/18 – Sell 100 Shares NFLX @ $390.00
Profit +$5615
In my heart I know NFLX will continue up. If it does I’ll have a decision to make. Until then I’ll enjoy this $13.305 profit.
Steve
The Options Coach