CLMT- 315% RETURN IN 11 DAYS !!!
We bought CLMT Jul16, 4 call in 5/27/16, as there was fair bit of Inside buying along with its chance to adjust to Gap-down Resistance around 5.27. This was also a measure of hedging again our Short Position.
While the Shorts did not move much but we got 315% return in Option in only 11 days as CLMT triggered our Target price & went above 5.7.
You can check our detailed analysis on CLMT in the trading room link here-
Option: Jul16, 4 Call trading currently at $0.35
Trade Suggestion Date: 5/27/2016
You tube link: https://www.youtube.com/watch?v=rf_lATMR2zQ
Time Span: 2:00”
Trade Open Date: 5/27/2016
Trade Close Date: 6/8/2016
Profit/Loss: 315% return in only 11 days