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: