I bought this call on 3/25 for $8.80. My original exit price was $48.50 based on the uptrending resistance level I had identified originally. However, I later saw that the stock had also encountered a horizontal resistance level around $47, so I lowered my profit target to 3% below that, which was $45.80. Today, the stock crossed above that and triggered my exit order.
I had originally intended to test out my plan of selling the at-the-money call the day before earnings with this position, but I think I prefer just getting out with a profit. I do have another position, TRN, which has earnings coming out soon, so I may end up testing it out on that instead.
