Lock In Partial Profits on EFA Calls
Our trade-management strategy calls for locking in profits any time one of our call option positions is up by 100% or greater … Today, we have the opportunity to lock in a profit of that size on the bullish play I recommended on the iShares MSCI EAFE ETF (EFA). We recorded an entry price of $3.90 on the $96-strike call options on EFA, back on March 30th.
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