Friday, February 26, 2016

JBLU trade ends in profit

The Jet Blue March $22.00 call trade ended in profit. The price sold was $1.25. The profit was $0.20 before fees and commissions. The stop price was hit and it was sold.

It is always a great day when a trade works correctly. We saw an opportunity that was realized, protected the profit with a stop, and was rewarded.

The next options trade will probably occur in the next 1-2 weeks. A general market put trade is currently being researched.


 ** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **

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