HLF was already on my watchlist for this week. HLF’s recent decision to add two board members chosen by Carl Icahn gave the stock a bump up in early trading today. You can catch up on Icahn’s large stake in the company and the cat fight between Icahn and Ackman over the legitimacy of HLF here, here, and here.
All my indicators signaled a trade so, I was able to jump into this one for a quick profit. I bought 20 Mar 40 calls for $2.40 and quickly set the position to sell for a $0.50 profit.
Here’s a look at how I did:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
Current charts for this trade: