Trade Alert – (QCOM) June 20, 2025 – EXPIRATION AT MAX PROFITS
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 – QUALCOMM Incorporated (QCOM) – EXPIRATION AT MAX PROFIT
EXPIRATION of QUALCOMM Incorporated (QCOM) June 2025 $130-$135 in-the-money vertical BULL CALL spread at $5.00
Closing Trade
6-20-2025
expiration date: June 20, 2025
Portfolio weighting: 10%
Number of Contracts = 22 contracts
This QCOM bull call spread was quite a conservative trade, and it went well for us.
The underlying stock is trading around $151 right now as we wind down the day, which is far above our upper strike price of $135.
Well done, and on to the next trade.
Here are the specific trades you need to close out this position:
Expiration of 22 June 2025 (QCOM) $130 calls at………….………$21.70
Expiration of short 22 June 2025 (QCOM) $135 calls at………….$16.70
Net Proceeds:……………………..…….………..……………………………..$5.00
Profit: $5 – $4.50 = $.50
(22 X 100 X $.50) = $1,100 or 11.11% in 36 days