Sell Texas Instruments January Call for 53% Profit

 

It’s time to give thanks and take profits on the Texas Instruments January 70 call option. I recommended the the option along with the stock in the September issue of Breakthrough Tech Profits.  And while the stock has done well- up nearly 11% as of the close on 11/22/16 – the option has been even better. So we’ll keep the stock and take an early Texas sized Christmas present on the option.

Sell to close Texas Instruments January 70 Call Option (TXN_012017C70. Bought on 8/29/16 at $3.49.  Closing price on 11/22/16 was $5.35 for a total return of  +53%. Happy Thanksgiving to all!

Stock Talk

Ben Mirtz

Ben Mirtz

But I don’t do options! I don’t remember seeing this in your ad. What should I do? Cancel?

Jim Pearce

Jim Pearce

We offer options recommendations as a supplement to our core of stock positions for investors who are so inclined, but individual stock recommendations remains our core portfolio strategy. We will be narrowing our focus heading into next year now that we know the outcome of the election, so be on the lookout for several new stock recommendations in the upcoming edition of BTP.

Maria R

Maria R

On your portfolio special situations MBLY is a sell, in your Nov issue, MBLY is a buy. thank you for clarifying.

Jim Pearce

Jim Pearce

Hi Maria. The following week we sold MBLY out of the portfolio in an article that ran in Breakthrough Tech Weekly: http://www.investingdaily.com/breakthrough-tech-profits/articles/29476/slimming-down-before-fattening-up/.

Maria R

Maria R

Thanks. I missed that. Will be more careful next time.

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