Close CYOU Position
Sell Calls for 16% Gain
PLAY: Sell your CYOU February 35 Calls (O:CYOU 10B35.00) at market, good for the day
Dear Bottarelli Research Member,
After selling our CYOU February 33 Puts (O:CYOU 10N33.00) for $2.20, we held onto our CYOU February 35 Calls (O:CYOU 10B35.00). As you know, we entered this entire basket for $2.65, which makes our break even point $0.45 on the calls. As I write, CYOU is moving higher, which has pushed our calls very close to $1.00. All told, we’re currently looking at a total exit price of $3.10 on a $2.65 entry, good for a 16% gainer. Go ahead and take these profits now!
PLAY: Sell your CYOU February 35 Calls (O:CYOU 10B35.00) at market, good for the day.
Once again, congratulations on another earnings winner!
And as always…
Lock and load!
Sincerely,
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