Trade Exits – EMN Eastman Chemical, LNC Lincoln National and NUE Nucor

EMN Trade Completion - 9.2.15

Trade Exit – EMN Eastman Chemical

EMN Eastman Chemical LEAP ($75 Call Jan 2016) Exit @ $6.90 today 9 Feb 2015 (Blue Shade).

Original entry @ $8.10 on 18 Dec 2014 (Green Shade).

Total Return on Investment (ROI) of -14.81%.

Duration 53 days

Reason for exit; Stock over bought, high probability of price reversal over coming days.

This trade shows how not all trades work out, even though the stock was up and I did profit from the small stock price increase, the option time value decreased over the 2 months held resulting in a small loss.

LNC Trade Completion - 9.2.15

Trade Exit – LNC Lincoln National

LNC Lincoln National LEAP ($52.50 Call Jan 2016) Exit @ $7.00 today 9 Feb 2015 (Blue Shade).

Original entry @ $4.65 on 20 Jan 2015 (Green Shade).

Total Return on Investment (ROI) of +50.54%.

Duration 20 days

Reason for exit; Stock over bought, high probability of price reversal over coming days.

One of the best trades in such a small period of time held. Also profited in the stock held as well.

NUE Trade Completion - 9.2.15

Trade Exit – NUE Nucor

NUE Nucor LEAP ($45 Call Jan 2016) Exit @ $5.80 today9 Feb 2015 (Blue Shade).

Original entry @ $3.35 on 23 Jan 2015 (Green Shade).

Total Return on Investment (ROI) of +73.13%.

Duration 17 days

Reason for exit; Stock over bought, high probability of price reversal over coming days.

Another one of the best trades in such a small period of time held. Also profited in the stock held as well.

 

If you like this post, can you do me a favour and click the ‘Like’ and ‘Share’ buttons to spread the message!

How to Double Your Returns in 10 Simple Steps

Your information is 100% secure with us and will never be shared