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Winner: 59.35% Gain On ABBV Call Options

|About: AbbVie Inc. (ABBV)

I just sold my ABBV 21SEP18 87.50 call options (ABBV) at $9.80 for a gain of 59.35% on the trade.

I went LONG on July 31.

The shares have gone up for six consecutive trading days but have now hit the $97.00 resistance level, where they may stall - I decided to book my gains on the good run. Short-term options are not meant to be held for a long time (time decay is the enemy), and I'm happy with a 60% gain over seven days. But for those holding shares, there is no reason to sell today.