$SFIX has had a good run in the past week, so I’m taking profits.  I entered into a Synthetic Long Call $21.00 with Nov 15 expiration on 10/10 for $0.25 debit.  I closed the Nov 15 $21.00 put side yesterday at a $0.50 debit.  Day traded a Nov 8 $22.00 call today at the lows (BTO $1.60) and closed it with my Nov 15 $21.00 Call for credit of $4.80 – so net profit at $2.45.

Still bullish on this one long term, but it looks like a pattern is forming, and while not overbought yet, I could see it dipping back down over the next few days.  I’m a “TastyBites” guy as well, so I don’t have the margin to trade multiple lots and take profits off of table a bit at a time!

All cash going into weekend– have a good couple of days off and see you next week.