I decided to take a profit with my NVDA Call. This week is loaded with earnings reports, economic data news and the Fed. I think the markets will be volatile so with my 10 contract position up 50¢ I jumped out. As I write it looks like I might have exited too early but thats OK. You will never lose money by taking profit. I can always jump back in. I bought these 10 Calls at $17.25 and just sold for $17.75.
Sell to Close 10 NVDA 8/2/19 $175.00 C @ $17.75
Profit $500
With Main Street beats Wall Street I report when I get into a position, and I report when I exit. No Hoopla! You see if I make money or you see if I lose money. I have a lot of confidence! You will not see last year’s trades or last week’s trades. Only real, live trades! Everything I teach is completely FREE! If you know someone who is into the market, or wants to learn, please tell them about Main Street beats Wall Street. Let’s make money!
Not a bad way to start the week with a 2 hour trade! Let’s see what else I can do.
Steve
The Options Coach