After the sell-off from reporting the other day, BOX appears to have settled down and is getting a bounce.
As such, I am going to suggest you close the short December $19 call.
Here is how you close this position:
Buy to Close (1) December $19 Call for every 100 shares you buy.
You should be able to buy them for 15 cents each.
Assuming you sold them for 80 cents, it will mean that you will book a profit of 81% on the position for one week.
And it frees the position up to sell more.
If you traded the suggested 4 lot, the cash return in total will be $260.
Remember to close the entire short call position. In other words, if you sold 2 originally, you would buy 2 today.
This alert applies to you only if you own shares in BOX and sold the December 18th - $19 calls.
