Call Options on KL on 6/24/2019

Kirkland Lake Gold Ltd. (KL) engages in the exploration and development of gold properties.

The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria, Australia, as well as three milling facilities in Canada and Australia.

The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016.

Shares have found support at their 50-day moving average (shown in brown). Higher share prices are expected for this stock.

Last Trade: $41.48

Trading Range: $17.26 to $41.68

Trade Buy 1 July $40.00 Call at $2.75 For a net debit of $2.75 Profit/Loss Analysis Breakeven at $42.75 Maximum profit is unbounded Maximum loss is ($275.00) at strike of $40.00 Closing Summary Sold 1 July $40.00 Call at $6.00

Position closed on 7/18/2019 at price of $6.00 with a 118.18% gain in 24 days.

Updates

7/18/2019 2:19:25 PM

KL July $40 Call options closed at $6.00

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