Calls Are Making Money - Manage Your Profits - Move the Stop Up

One Option Trading Blog http://ift.tt/2kocQWY Posted 9:30 AM ET - If you followed my advice last week you are long calls and you're making great money. We bought calls when the SPY rallied above $228.60 and we added when the market traded at a new all-time high. We have follow-through and the momentum is strong. Stocks are up before the open and this should be a good day for us. Let's move our market stop up to SPY $230 on a closing basis. The breakout from a few weeks ago was tested and validated. We bounced off of SPY $227 and rallied through the all-time high. …