I opened on 1/10/2017 CALL (LRCX) JAN 26 18 $185 (100 SHS) @ 10.55 after it dropped on the open and went below 20 MA. I closed 1/17/2017 @ 17.50 for a 66% return in one week and saved 1 more option in case it goes further up.
1/16 gapped up to 196 but fell back down below 190. I picked up an extra 185 Call there. What a wild ride LRCX was this week. We banked some profits and have an open position for earnings on 1/24/2018.
Portfolio has been rocking this year even in the midst of a government shutdown. Will keep you updated!
Keep vigilant and happy investing! God bless!
