While holding all other positions, consider closing the second half of the Activision (ATVI) February 20 put for gains. The stock has pulled back nicely after failing at $22 double top resistance.

Also, shortly after recommending a buy on the Finish Line (FINL) May 25 call option, the underlying stock found support just above and made a move to $24.60. I’d like to se FINL refill its bearish gap around $29 before closing this trade.

Stay tuned for more shortly.

Ian L. Cooper
Forgotten Profits