S/L: Take Profits on Sientra (SIEN)
August 31, 2018
The Insider Report
Sell Alert
On May 21st we issued a buy recommendation for Sientra Inc. (SIEN).
The stock has advanced steadily over the last 3 months, and shares are now up over 52%.
We recommend selling half your position here to lock in a nice profit.
Action to Take: Sell half the shares of Sientra Inc. (SIEN) stock at the market.
The call options have performed even better.
We already issued a sell alert for half of the SIEN Oct18 $20 calls (.SIEN181019C20) back in June for a 115% gain.
We recommend selling all but 1 of the remaining call options here to book an additional 287% profit.
Action to Take: Sell all but 1 of the remaining SIEN Oct18 $20 calls (.SIEN181019C20). Use a sell limit order near the middle of the bid/ask spread.
If you have questions, feel free to shoot me an email: support@hubertsenters.com.
All the Best,
Ross Givens
Editor, The Insider Report