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Option Call Buyers Drink up Profits in $SBUX
Subscribers from our Lighthouse Point Platinum Option Swing Trading service locked in nice profits in Starbucks ($SBUX) as the stock broke out from its brief consolidation around the 50 and 100 day simple moving averages. John was able to jump into a call option position as the stock broke above the 50 day simple moving […]
Subscribers from our Lighthouse Point Platinum Option Swing Trading service locked in nice profits in Starbucks ($SBUX) as the stock broke out from its brief consolidation around the 50 and 100 day simple moving averages.
John was able to jump into a call option position as the stock broke above the 50 day simple moving average.
He then successfully rolled his options to continue to ride as the stock continued to make new highs.
He exited the position after the stock had gained about $3.00 from mid $57 to over $60.
Great trade John!
Try the service:
https://marketrebellion.com/subscriptions/lighthouse-point-platinum/