Trade Alert: Collecting a 175% Gain

On Friday, I sent you an alert to increase your stop on Activision Blizzard to protect a 175% gain.

The position was up more than 200%, and I wanted to safeguard your returns.

Well, later that day, the option’s price drifted low enough to trigger your orders, allowing you to exit with a robust 175% gain on the second half of this trade in just over two weeks. Great job!

Remember, we closed the first half of the position on March 1 for an 89% gain. So this hands us an overall return of 132% in Activision Blizzard!

If your orders weren’t filled for whatever reason, go ahead and exit them at the market today since I will no longer be following this position.

As always, I would appreciate hearing how you did. This beta test has been invaluable in allowing me to shape this service to your needs, so when a win like this happens, I want to make sure you were able to take part.

Please let me know how you did on our Activision trade by emailing me at

I’ll be back tomorrow with our last trade alert for the current earnings season. But we could see our trades for the next season begin as early as next week, so keep an eye out.

We also have four open positions — calls on Garmin (Nasdaq: GRMN), Lowe’s Companies (NYSE: LOW) and The Interpublic Group of Companies (NYSE: IPG) and puts on Akamai Technologies Inc. (Nasdaq: AKAM) — that I will keep you updated on. And I’ll be sure to alert you when it’s time to take action.


Chad Shoop, CMT
Editor, Earnings Drift Alert