Entering text into the input field will update the search result below

Winner: 27.78% Gain On BBY Calls

Jan. 16, 2021 4:00 PM ETBest Buy Co., Inc. (BBY)
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.


  • Bought the BBY 19FEB21 100 call options on Dec 9 at $9.00.
  • Sold the calls on Jan 11 at $11.50.
  • 3% portfolio allocation.

I bought the BBY calls on Dec 9 when my momentum bars rose for two consecutive days and the shares looked like they were going to break bullish - it was a false signal - the shares then traded sideways from Dec 9 to Jan 5 but then finally broke bullish on Jan 6 when they spiked 4.86% - I closed out the trade on Jan 11 when the shares hit the $110.00 resistance level. 

The Options Trader is a great forum for investors interested in generating over-sized returns over short time periods trading leveraged options. Click here to start a Free Trial.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.