BACapitalManagement

Buying CSCO calls in May.

Long
NASDAQ:CSCO   Cisco Systems, Inc.
If price returns to March's high, then I'll be looking to begin purchasing call options as close to 41.50 strike as possible. These calls will have an expiration of June 1.
Trade active:
I purchased calls this morning at market open due to price dipping down to 41.50.

I spent 1% of my account.

Trade closed: target reached:
I closed these call contracts this afternoon just before market close.

I purchased these contracts at a 2.58 premium and sold them at a 5.00 premium.
Comment:
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