Trade Update: GMCR

Last week, I entered a trade in Green Mountain Coffee where I purchased 2 May 60 Call options at $3.60. In last week’s post, I mention GMCR has a trend of rising starting approximately 5days prior to its earnings release and I’ve been profitable trading on this trend in the past. I adjusted my exit from $4.70 to $4.15 and closed the trade today at my exit point of $4.15.

Here’s a look at my profits:

Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 3.60 720.00 4.15 830.00 10.00 100.00 13.9%
 


My charts for this trade:

130304 HLF

130304 HLF

 

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