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Dear John,

I hope you remember me. We once met at a luncheon in Paris a number of summers ago.

Thank you for the suggestion you made during the January 31 webinar about the launch of the Mad Hedge Technology Letter. After the first issue, I bought Micron Technology (MU).

I bought two July $39 Calls for $7.80 and two January 2019 $37 Calls for $11.40. On February 26, I sold one of the July calls for $11.00 (+40.7%), and today the second for $15.70 (+100.0%) for a total profit of $1,105.51.

I still have an unrealized profit of $1,718 on the January 2019 calls.  So, if I sell those now, I will have earned $2000 with this trade.

We once met at a very scarcely attended luncheon in Paris a number of summers ago.

Kind regards,

Dirk
Belgium

John Thomas reply: Good work Dirk! Let’s meet in Paris again for lunch this July.

 

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