Profit Alert (BSX) for 4/9/2020

2:25pm (EST)

I have an update on BSX as I want to take half profits ahead of the 3-day weekend.

Profit Alert!

Boston Scientific (BSX, $36.67, up $1.54)

BSX May 35 calls (BSX200515C00035000, $3.15, up $0.75)

Entry Price: $0.75 (4/6/2020)

Exit Target: $3.50 (Limit Order on half)

Return: 320%

Stop Target: $1.90, raise to $2.30 (Stop Limit)

Action: Close half the trade at current levels. Raise the Stop Limit at $1.90 to $2.30 to further protect profits.