Trade Update
On Friday: I bought back the short call for 5 cents and sold a Feb 23 C28 for 1.20 cents.
This is a nice premium, but also indicates anything can happen on 2/21 when earnings get announced. The Market Maker Move is +/- $2.778.
Closing price on Friday was $27.40. Premiums returned with short options so far $69.58 (excluding Friday).
Disclosure
I have been beneficially long the shares in BROS and short the call in BROS. I wrote this article myself and it expresses my own views and opinions. I am not receiving any compensation for this. I have no business relation ship with any company whose stock is mentioned in this article.
I am not an investment advisor or professional. This article is my personal opinion and experience and is not meant to be a recommendation of the purchase or sale of a stock or option. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters.
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