Trade Alert: Lock in a 30% and 150% Gain

Last week was a busy one.

We locked in gains of 147% on the second half of our Lam Research call options, 52% on the first half of our Nvidia (Nasdaq: NVDA) call options and an overall gain of 57.5% on our Endo International call options. We had one loss of 50% on Mattel, but our profits are more than making up for that.

And this week, we are set to continue that string of gains.

To start, we’re locking in a 50% gain on the first half of Edwards Lifesciences (NYSE: EW). Then we’re increasing our stops on Nvidia to preserve greater gains.

First, Edwards Lifesciences…

Yesterday, our call options hit our limit orders to sell half the position at a 50% gain. If you haven’t closed out the first half of this option yet, go ahead and do so today to lock in that return.

Sticking with our strategy to preserve a gain on the second half of the option, we are going to place a stop-loss order to protect a 30% gain. Usually, we place this at 10%, but our option is up more than 57% today. So let’s lock in higher profits.

As always, I’ll look to increase our stops accordingly from here — just as we’re doing today with Nvidia.

Based on our official entry price of $5.78, I’m placing the 30% stop at $7.51, but be sure to place yours at whatever nets you a 30% gain on the second half of this trade.

Here’s your action to take:

Action to Take
Sell Action to Take
Stock: Edwards Lifesciences (EW)
Option Type: Call Option
Expiration: Jun-16-2017
Strike Price: $105
Option Symbol: EW170616C00105000
Action: Sell to Close
Order Type: Stop-Loss Order
Duration: GTC (Good ‘Til Canceled)
Limit Price: Whatever nets you a 30% gain.
Trade Deadline: Keep this order open until it is filled or canceled.

With Nvidia, we locked in our first 50% gain in just one day. Now, after less than a week, our position is up more than 180%.

Our stops are currently in place to preserve a 125% gain, but let’s bump that up to preserve a 150% gain today.

Based on our official entry price of $7.85, I’ll place my stop at $19.63, but be sure to place your stop at whatever nets you a 150% gain.

Here’s your action to take:

Action to Take
Sell Action to Take
Stock: Nvidia Corporation (NVDA)
Option Type: Call Option
Expiration: Jul-21-2017
Strike Price: $115
Option Symbol: NVDA170721C00115000
Action: Sell to Close
Order Type: Stop-Loss Order
Duration: GTC (Good ‘Til Canceled)
Limit Price: Whatever nets you a 150% gain
Trade Deadline: Keep this order open until it is filled or canceled.

That’s all for today.

Regards,

Chad Shoop, CMT
Editor, Earnings Drift Alert