by Travis Johnson, Stock Gumshoe | February 15, 2017 3:04 pm
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Source URL: https://www.stockgumshoe.com/2017/02/profit-taking-in-options/
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Sell some 25-d calls against another portion of remaining calls to finance decay? Or maybe buy the risk reversal/zero cost collar?
If the position were larger those would be considerations, thanks for the input — I usually just keep it simple when I’m speculating on direction with a small bet.
Nice! I got Shopify in the low 40s and probably won’t sell for 5+ years. Motley Fool pushed it enough for me to get it, and I am glad they did.
I got 100 shares about a month ago of Shopify and as of close today it’s up 9.40% thanks to Travis. Surprised what I read today from him. Options are something I have not learned. I’m the type og person that I would need someone to walk me through it from all angles and where I could ask questions about every angle. Books are just not able to answer specific questions when the situation comes and you need a answer. One day in a due season the opportunity will present itself. Shoot of I stick around StockGumshoe long enough it will rub off.