New Trade: AEM

Agnico Eagle is on my current watchlist for its trend of rising over the next few weeks. Last week, I picked up some call positions. I exited the trade earlier than my planned exit point because the market was pulling the stock down on Thursday and I was going to be driving out of town on Friday. So, I took the existing profit off the table.

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

20 Nov 30 calls 2.30 4,600.00 2.60 5,200.00 40.00 560.00 12.2%

My charts for this trade:

130516 WFM

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Screen Shot 2013-06-18 at 8.07.12 AM

What do you think? Let me know in the comments!

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