$SCTY The CALLS Keep Giving Us Big Profits

big gains

This mornings watchlist headliner was $SCTY.  Those calls closed at $1.75 an over 600% gain.

Stock TickerCall/PutStrikeExpirationClosing PriceEntry Price
SCTYCALL$51.50Weekly0.250.25

 

 

http://www.optionmillionaires.com/2013/scty-stock-23-options-1000-herd/

We've been ahead of the herd on $SCTY, the stock has posted some tremendous gains the last two weeks.  Trading out of the money stock options is not easy, but we have a long history of success finding stocks ready to make sharp moves.  $NFLX, $AMZN, $LNKD, $SODA, $SHLD, $PCLN...  the list goes on and on.  $SCTY is just another winner.

Not every stock we cover goes the way we think it will.  Unlike everyone else on stocktwits and twitter... we are not perfect.  We don't claim 90% success rates.  We do have options that decline in value, and some that expire worthless.

Those $41 OCT $SCTY calls I bought at $.30 last week, that traded over $12 today.... that is why we trade options.  The potential to take a low cost trade and have it turn into a significant return.  We did it with $SCTY and we will do it again by buying options before the big move in another stock, just like we've been doing through the years.

Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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