BSX

[Triplethought]

SOL. The BSX Call 1/21/22 $45 is up nearly 100%. Stock currently sits at $44.49 after a breakout quarter results. Should we consider locking in some of the gains?

[AstuteShift]

Going to wait on SOLs signal to sell

Let’s see how high it can go, he had BSX in a previous update

Potentially can go up in the 50-55 ranges

[Investor87]

"A monthly close above 44.10 should lead to a series of new 52- week highs and a test of the 55 ranges." Market Update

Current price is 44.40
I think I will be patient and wait on Sol's direction but nothing wrong with taking some gains if that is what your plan is.

[SOL]

SOL. The BSX Call 1/21/22 $45 is up nearly 100%. Stock currently sits at $44.49 after a breakout quarter results. Should we consider locking in some of the gains?

If you are nervous and want to bank profits, there is nothing to stop you from doing so. We encourage our subscribers to modify rules to suit their needs. In the end nobody went bankrupt by banking profits no matter how small they are, in this instance, the profits are sizeable so if you want to bank profits then feel free to do so.

[MarkD]

I sold half of my position YESTERDAY based on discussions on this board and the price action of the stock. I have learned a bit over the past year not to allow all of your gains to evaporate if there are other positions beginning to form a base. One error is a company on the AI board which I liquidated today. It had truly done well but I allowed it to dump again without securing a good chunk of profit. So I learned to adapt. A few other trees to trim very soon.

[Triplethought]

SOL. The BSX Call 1/21/22 $45 is up nearly 100%. Stock currently sits at $44.49 after a breakout quarter results. Should we consider locking in some of the gains?

If you are nervous and want to bank profits, there is nothing to stop you from doing so. We encourage our subscribers to modify rules to suit their needs. In the end nobody went bankrupt by banking profits no matter how small they are, in this instance, the profits are sizeable so if you want to bank profits then feel free to do so.

Thanks Sol. Not nervous just sensed the top. I have 2 1/3 lots. So I guess I sold 1/2 of 1/3 of a lot (25% of my position). How's that for splitting hairs?

[Investor87]

So the instructions on BSX say that, "it will now need to close above 45 on a monthly basis and should lead to a series of new 52- week highs and a test of the 55 ranges." It closed the month out at 45.60 today. Any change to the above instructions? I still own half of the Jan 2022 option.