Sold Micron Calls

About a month ago I bought 10 Micron (MU) Calls. I just sold them.

It’s always nice getting out of positions; clean house once in a while. It feels good, especially when locking in profit. Well, I just sold another position with a profit. I owned 10 MU 1/17/20 $47 Calls. I paid $5.60 and I just sold for $6.60. On the 10 contracts that’s a $1000 profit.

7/29/19 – Buy to Open 10 MU 1/17/20 $47.00 C @ $5.60 ($5600)

9/5/19 – Sell to Close 10 MU 1/17/20 $47.00 C @ $6.60 ($6600)

Profit +$1000

It’s turning out to be a great week!

Steve

The Options Coach

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