Gaslog Ltd. (GLOG), the natural-gas transporter that has delivered three straight quarters of triple-digit percentage profit growth, soared 6.27% yesterday.
The day after big price surges is always a good time to take money off of the table. So, with your Aug. 2014 $25.000 calls (GLOG140816C00025000) up 61.25%, sell half of your options here to lock in these big gains.
With the stock up 10.78%, raise your stop to $25.72 to lock in at least a 5% gain in the stock. Hold on to your remaining options for potentially bigger gains ahead.
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