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Profit Lock on ALTR- learn this easy strategy!!

November 28, 2014

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Follow up trade placed Nov. 27th- from scout report Nov. 18th
ALTR – Rolling up to “PROFIT LOCK” . entered Nov.18th. Dec 35 strike Long calls for 1.30,,,exited 2/3 of position same day for 1.65 (sweeet swing trade turned into day trade, always a bonus) Now, selling the the remaining Dec 35 calls for 2.45 and replaced them by buying the Dec 37 Calls for 1.15, that locks 1.30 per contract less exposure,,,think about it, just locked in 1.30 profit on a trade that started out with a cost of 1.30…..No risk in this trade now and that is after taking .35 cents profit per contract on first day….These are advanced tricks,,,read this over and over till you get it…this is definetly awesome.
BRCM – from 11-18 scout report – entered 6 long calls for 1.53, just sold 5 for 1.86, leaving last contract out there for no risk ,,, the 1 contract out there is a cost of 1.53,,,just closed 5 contracts to bring in over $153 profit,,,,no exposure in trade left….love it another profit lock in same day…..

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