The S&P 500 broke through a key resistance level of 1,340 on Monday, closing at 1,355. This bodes well for further upside in the U.S. market in the weeks ahead.
Meanwhile, the Millicom International (MICC) options that you bought on Monday are already up 52.17%.
As you may know, the general rule of thumb in Bull Market Alert is to book your first round of option profits by selling half of your options when they achieve gains of roughly 50%. With your October $120 call options now up 52%, sell half of your options here to lock in your profits.
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