BACapitalManagement

Buying INTC calls in May.

Long
NASDAQ:INTC   Intel Corporation
If price returns to March's high, then I'll begin looking to purchase call options as close to the 59.00 strike as possible. These calls with have an expiration of June 1.
Trade active:
I purchased calls this morning at market open due to price dipping down to 59.00.

I risked 1% of my account.

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

I purchased these contracts at a 3.25 premium and closed them at a 4.55 premium.
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.