I have successfully exited all of my LINE positions today.
I bought 680 LINE February13 $35 Calls for 1.69 and sold them for 3.90
I bought 160 LINE February13 $36 Calls for 1.55 and sold them for 2.90
Invested $115k into February $35 Calls and got $265k = 150k profit
Invested $25k into February $36 Calls and got $46k = $21k profit
Sentiment: Strong Buy
It was an honor to travel that line with you.
Still holding my last april contracts. I saw KMP go ex-div and blow right past the adjusted price in one day. There are times in the oilpatch that equities bounce right back on the day they pay out.
A person could have bought it yesterday, collected 1.29 and sold today for more profit.
Good for you Xion! I enjoy following your trades and am glade you came out on top this time.
I am up 90% on my LINE calls, but decided to hold them a little longer. I might live to regret the decision, but I did good enough on my PAA calls this time that I am willing to take the risk. Based upon past performance, I still think they will go up more this week.
I am also still holding some MWE and EVEP calls. I'm even on MWE and ahead on EVEP, and hope to exit everything this week.