I think, everyone knows this company. At least, in the United States. The struggling retailer has been shrinking its portfolio and restructuring the business due to crass operating results in both 2019 and 2018. The good news is that BBBY is emerging from the pandemic with improved sales although investors should still expect a couple of tough few years ahead. And as the indicators are showing an up move, it’s worthwhile to try an options trade on this stock. So let’s check it out, folks.
It’s another bank, folks. Some shareholders may be concerned to see that the Director, Roger Taylor, recently sold $5.5m worth of stocks. But if insiders are selling that doesn’t always mean that there is something wrong. If you don’t believe me, a regular trading guy, maybe you would believe Peter Lynch where he describes this situation in his book “One up on Wall Street“*. Fundamentally, First Horizon has a good stand and a positive outlook, also due to merger with IBERIABANK. Anyway, as option traders, we always are looking for positive short-term opportunities. And the next one is right now. So check it out, folks.
It’s literally just a couple of days ago when I closed my last trade on ORI which was a bit special. But as the price of Old Republic International had hit its all time high and continues to rise, I’ve set up another trade which I would like to introduce to you. This one is deep in the money, because of its expiration in June it was possible to choose the strikes only in 5 point steps. So check it out, folks.
Never heard about this company? To make it succinct: Radian Group Inc. engages in the mortgage and real estate services business in the United States. The company was founded in 1977 and is headquartered in Philadelphia, Pennsylvania. Today I’d like to introduce you the next trade opportunity on options, folks. It’s another trade in the money due to lack of implied volatility in this stock. But nevertheless, it could be a good chance for someone. So let’s check it out.