Walmart was on my recent watch list as it has a trend of rising the last week of July. Last week, I purchased 20 Aug 75 call options at 3.30. I set my sell price at 3.85 and the position closed out this a.m.
Here’s a look at how I profited:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
|20 Aug 75 Calls||3.30||6,600.00||3.85||7,700.00||40.00||1,060.00||16.1%|
My charts for this trade: