Action to take: Exit the second half of the Oracle calls for 150% gain. 

Make a plan and stick with it.  It’s time to exit the October 22.50 Oracle calls (ORQJX). These are now trading at 0.25 by 0.30.  That gives us a nice 150% gain from our entry price.  We sold the first half last week for a 100% gain.

Earnings are coming out tomorrow. We are getting close to expiration.  There is no reason to hold.

Related Stories