In bought 10 contracts of the Marvell (MRVL) 1\/21\/22 $25 Calls back on 10\/22\/19. I paid a premium of $5.20. Today the market is up and MRVL is up $1.75. Since I’m in this position for 7 months, and it’s at it’s high since 2006, I decided to grab some profit. I love this stock and I plan on being back in soon. I feel there might be a pull-back. At least I hope, because I want to get back in. This stock is a big player in the 5G field. You know I like to take profit, especially in these crazy times. I hope to get back in with the stock between $26 and $27. If it doesn’t get down there this sale could be a mistake. But I did stick $3300 in my mattress.<\/p>\n
10\/22\/19 \u2013 \u00a0Buy to Open 10 MRVL 1\/21\/22 $25.00 C @ $5.20\u00a0<\/strong><\/p>\n 5\/20\/20 – Sell to Closed 10 MRVL 1\/21\/22 $25.00 C @ $8.50<\/strong><\/p>\n This is another great example of the power of LEAPS. As you know I don’t buy short term options but LEAPS are great investments. This was a 7 month investment and my Rate of Return is 63.5%. Any way you look at it, this was a great investment. Do your homework on LEAPS!<\/p>\n Successful Trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" In bought 10 contracts of the Marvell (MRVL) 1\/21\/22 $25 Calls back on 10\/22\/19. I paid a premium of $5.20. Today the market is up and MRVL is up $1.75. Since I’m in this position for 7 months, and it’s at it’s high since 2006, I decided to grab some profit. I love this stock […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-7674","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-1ZM","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7674"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7674\/revisions"}],"predecessor-version":[{"id":15589,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7674\/revisions\/15589"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Profit +$3300<\/strong><\/h4>\n