Option Alert: Sell SHOP Calls for amazing 213% profit

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.

Original Alert:

Chart when alert was posted:

Chart when we are booking 213% profit:

Analysis:

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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-Alpha Staff