GME

[dawgball]

Just bought the Dec 30 Call on GME at $6.50. Option ticker: .GMELF

Current stop-loss set at $4.75. Will bump up stop-loss at $7.90.

Unfortunately, it just sunk to $6.40. Oh well.

 

[dawgball]

Sold .GMELF @ $7.50 today for a 13% gain in 1 trading day. It has currently hit a strong resistance level, so I may get back in if it dodges down from here. My feeling is that it will eventually break through the $38 barrier and ride to about $42, but I am not confident that it does this on this particular move. I felt it was better to go ahead and execute and take a nice 1 day profit.

 

[MadJack]

nice one