Yesterday we closed out our ABBV 19MAY17 60 Call Options for a gain of 45.61% on our LONG trade.
In our article we had forecast an upward target price of $64.00. Yesterday the stock hit $63.50 - close enough. When you're riding options with 14x leverage, close enough is good enough.
Current allocation for our Pro Portfolio: LONG 6%, SHORT 12%, CASH 82%.
Real-time trade alerts on our options trades will be available in our soon to be launched service ChartMasterPro.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.