Trade Alert: You’re Grabbing 50%, 50% and 147% Gains Today!

Our portfolio is on the move this morning, so we’re locking in some nice, quick profits today.

To start, one of our standing orders was triggered this morning, handing us a 50% gain in just one day on the first half of our Nvidia (Nasdaq: NVDA) call options.

Endo International (Nasdaq: ENDP) has moved quickly too. The position hit a 50% gain in just two days, so your orders to sell the first half of this position should have been triggered as well.

Excellent work if you had those orders in place to sell half of the positions for 50% gains. This is exactly why our system is set up this way — so we can collect fast-moving profits in an instant.

Finally, our stop orders on the second half of Lam Research (Nasdaq: LRCX) were triggered, locking in a 147% gain! We already locked in a 50% gain on the first half, so we’re officially exiting this position for an average gain of about 98.5% in just over three weeks.

That said, let’s turn to the details of our most recent trade in Nvidia…

Yesterday, I sent you an alert to buy the July $115 call options. Our official entry price is $7.85 based on the average of the price the moment after the alert was broadcast and one hour later.

My buy-up-to price was $8, and the calls only stayed below that level for about an hour before rising. That means some of you may not have entered this trade, so I understand this is a bittersweet one. While it’s great for those who got in immediately, it’s frustrating for those who tried to buy it a little later. If you’re one of those people, it’s OK. Not every position will move this quickly, and there will be plenty of other opportunities to profit.

If your buy order is still open, go ahead and close it now. Nvidia is up 80%, so we will look to exit the position if the price pulls back again.

Now, as part of our overall strategy, we will place a stop-loss order on the second half to protect our profits. Typically, we place a stop order to protect a 10% gain. But since our calls have rallied significantly, we’re going to protect a 50% gain instead. Then, just like I did with Lam Research, I’ll look to increase this stop as our position continues to climb.

Please remember to place your stop at whatever price that nets you a 50% gain on the second half. Since our official entry price is $7.85, I’ll place our stop at $11.77.

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 Half
Order Type: Stop-Loss Order
Duration: GTC (Good ‘Til Canceled)
Limit Price: $11.77
Trade Deadline: Keep this order open until it is filled or canceled.

For Endo International, that stock has continued to soar and is up another 7% today. Overall, our position has climbed over 80%, and that means our standing orders to collect a 50% gain on the first half were hit.

If your order wasn’t triggered for any reason, go ahead and sell half of the position at the market now.

Similar to Nvidia, this option is up over 80%, so we will place our stop-loss to preserve gains on the second half at the 50% mark as well.

This was another fast mover, so if you still have standing buy orders, go ahead and close them now since we’re starting to take profits.

Here’s your action to take on the second half of Endo:

Action to Take
Sell Action to Take
Stock: Endo International (ENDP)
Option Type: Call Option
Expiration: Jun-16-2017
Strike Price: $12.50
Option Symbol: ENDP170616C00012500
Action: Sell to Close
Order Type: Stop-Loss Order
Duration: GTC (Good ‘Til Canceled)
Limit Price: $1.42
Trade Deadline: Keep this order open until it is filled or canceled.

As for Lam Research, we’re now out of the whole position. If your orders to exit the second half of our trade haven’t been filled yet, go ahead and sell the calls at the market. We locked in a 50% gain on the first half of this trade in just three days. Now, less than a month after we bought the call option, we’re closing the second half for a 147% gain.

Again, well done if you followed the directions for these positions. I can only recommend the trades — you have to enter the orders yourself. So I’m proud of you for taking the initiative to grow your wealth with our system.

In fact, I’d love to hear how the process went for you — and if you were able to enter these orders seamlessly with your brokers. After all, we’re still beta testing this service. So I plan to send you a survey soon to get your feedback and see if there’s anything else that I can do to improve our approach. Please keep an eye out for that.


Chad Shoop, CMT
Editor, Earnings Drift Alert