As we are in the middle of earnings season, volatility in individual names has surfaced while markets remain fairly calm. We take this opportunity to evaluate our positions and take profits on our positions.

• ADM – 106% Profit: Long Aug 17 45/50 Call Verticals @ $4.09
• REGN – 100% Profit: Long Aug 31 357.5/405 Call Vertical @ $33.80

Options Education Series: How to Leverage Technical Analysis w/ Options.