Posted on February 23, 2023
Beds are the last thing you’d think might kill you.
But they do.
All the chemicals that are used in their production “outgas” and irradiate your body while you sleep.
But who gives a damn, after all, when everything’s so soft and plush and cozy?
Profits have to be made, after all—and where you gonna find a half bale of straw to bed down on in its place?
Tempur Sealy International (NYSE:TPX) can tell you all about it.
But in the meantime, those holding the stock—including the criminals who run the joint—are about to get jumped on like a recalcitrant six year old who just can’t bear to stop.
We’ll get there in just a second, but first we have a great one to close.
It’s our COP initiative—that was delivered to your insatiable, profit-hungry inbox on February 5th.
The missive was entitled You’ll Never Pin it on Me, Copper!, and it urged you to sell the COP May 19th 130/135 CALL spread for $1.45 and buy the COP May 19th 110/105 PUT spread for $1.90. Total debit was $0.45.
The CALL spread can be repurchased for $0.40 (0.83/0.43).
And the PUT spread can be sold for $2.70 (10.55/7.85).
Get it done and you step away with a very nice $1.85 NET on just $0.45 spent.
Those with an advanced degree will inform you that’s a profit of 411%!
In less than three weeks!
Today’s TPX trade could bag us a hefty 4900% on just a few cents laid out, so why don’t we pillow down with a few hard numbers on the company from their latest earnings report (from February 9th).
TPX stock, by the way, peaked just prior to Q4 earnings and then faltered—despite posting a beat (though it missed on sales).
Many happy returns!