📢 Take Profit Alert: Locking in $NET Gains, Watching $GS & $COHR
✅ Monday 9/8 Managing $NET $GS and $COHR Trades
📊 NET (Cloudflare Inc.)
Sep 19th 200/190 Bull Put Spread
Current P/L: +$801.00 (+76.29%)
Max Reward: $1,050.00
DTE: 11 days
Chart Take:
NET pushed higher and is riding momentum, holding above key moving averages. RSI mid-60s with MACD bullish — momentum looks intact.
Management Call:
With 76% of max profit already captured and only $249 left on the table, the risk/reward has shifted. The last stretch carries more risk than reward. Locking in here is fully justified.
✅ My Take: I’m closing NET and banking the profit.
📊 GS (Goldman Sachs)
Sep 19th 720/680 Bull Put Spread
Current P/L: +$719.00 (+55.52%)
Max Reward: $1,295.00
DTE: 11 days
Chart Take:
GS is consolidating near recent highs with support from the 50-day SMA. Momentum is flattening, but no clear breakdown yet.
Management Call:
Sitting at 55% profit, you’re at the minimum acceptable take profit threshold. If you want to reduce risk, booking here is fine. If you’re comfortable, the chart supports keeping it open for a potential push higher.
✅ My Take: I’m keeping GS open but monitoring closely.
📊 COHR (Coherent Corp.)
Oct 17th 90/85 Bull Put Spread
Current P/L: +$910.00 (+53.06%)
Max Reward: $1,715.00
DTE: 39 days
Chart Take:
COHR has rebounded, reclaiming the 50-day SMA with momentum curling higher. Still, the stock has had volatility and sharp swings in recent weeks.
Management Call:
You’re at 53% profit, which meets the acceptable threshold. With 39 DTE, holding means a lot of time exposure still remains. Conservative traders can lock it in now, aggressive ones might keep riding the trend.
✅ My Take: I’m keeping COHR open but monitoring closely.
🔑 Bottom Line:
NET → I’m closing and taking profit.
GS & COHR → Both above 50% profit, I’m keeping them open but watching the charts closely.
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*Disclaimer: These trades reflect my own strategy and opinion, not financial advice.
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