Hugh L. O'Haynew's
בס״ד
Posted on May 15, 2023
Before we get to today’s initiative, featuring Rollins, Inc. (NYSE:ROL), a company that specializes—like the CDC, FDA and WEF—in extermination, we have a whopper-bang-daddy-o that’s ready to close for a massive take.
So let’s get to it.
We’re closing down our March 27th NTR trade for a blockbuster win.
You’ll recall the letter, entitled Pocketing 5400% and 2000% on Our Way to a Fertilizer Crisis, that had you sell the NTR May 19th 70/75 CALL spread for $2.10 and buy two (2) NTR May 19th 65/60 PUT spreads for $1.05 each. Zero Premium was the result.
And now…?
The CALL spread can be left to wither; it expires this Friday and is far enough OTM to be left alone.
The two PUT spreads, however, can be closed for a gigantic $3.80 each (5.00/1.20).
That puts $7.60 in our pockets on NOTHING laid out!
Adjusting for minimal commissions makes for a remarkable 4967% return.
In just seven weeks!
And…
Do you realize that’s an annualized 37,770%?!
Anyway, we’re back to the termite killers at Rollins now, because, as you’ll see, the stock is offering us another chance to strike it rich—just as we did in December, to the tune of 700%.
Have a look at what’s on offer…
First, the fundamentals—
Now, go ask yourself why such a thing should happen…
Earnings arrived on April 27th, and the company beat on both top and bottom lines, but in the end, delivered precisely nothing. There has been no follow through, and we’re seeing this more and more across the board as earnings season comes to a close.
Folks are using positive earnings news to unload their holdings.
And ROL stock-holders appear to be no different.
So, let this one go down as just another foray into the notoriously profitable world of killing the bug-killers!
With kind regards,
Hugh L. O’Haynew
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