We are taking following action:
Sell, to close, SHOP Sept 15, 2023 $50 Calls @ $17.75 or better
We bought them at $5.65
We are booking 213% profit on these call that we bought on Dec 9 last year.
Although, we have more time for this option to get expire, but we want to book profits today, utilizing the recent action in growth stocks.
Chart when alert was posted:
Chart when we are booking 213% profit:
SHOP has potential to move up a little bit more, if you prefer to hold you can but keep a strict stop, so that you can still get out with profits.
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