When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Tech Alert - CrowdStrike Holdings, Inc. (CRWD) – EXPIRATION AT MAX PROFIT
Expiration of CrowdStrike Holdings, Inc. (CRWD) February 2025 $347.50-$352.50 in-the-money vertical BULL CALL spread at $5.00
Closing Trade
2-21-2025
expiration date: February 21, 2025
Portfolio weighting: 10%
Number of Contracts = 25 contracts
At one point, the underlying shares of CRWD were up 35% and we are harvesting max profits capping off a great trading month in the tech portfolio.
Proceeds should automatically disburse to your trading account next Monday minus a small fee.
On to the next trade…
Here are the specific trades you need to exit this position:
Expiration of 25 February 2025 (CRWD) $347.50 calls at………….………$62.30
Expiration of short 25 February 2025 (CRWD) $352.50 calls at………….$57.30
Net Proceeds:……………………..…….……....................................…..…….....$5.00
Profit: $5 - $4.10= $.90
(25 X 100 X $.90) = $2,250 or 21.95%
