Have no fear, good Jews and Noahides.  The redeemer is on the doorstep.

The holy convocation of Pesach is just days away, and that means REDEMPTION!

And that’s also why we’re giving away the store.

WHAT?!

That’s right, until the end of chag, we’re offering annual subscriptions at rock-bottom prices.

A genuine gift giveaway to new subscribers – the cheapest possible pricing on all our yearly memberships.

CLICK HERE FOR DETAILS

Current monthly subscribers who choose to upgrade will have their, new annual package pro-rated.

You can only win!

But only until the end of Pesach – and that’s just eleven days.

And counting…

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Geulah is approaching, brothers and sisters!.

Ready yourselves.

Come out of Egypt with A Jew and His Money and embrace the holiness of the Land of Israel.

And save HUGE while you make money like a Rockefeller, yimach shemo v’zichro.

We’ve got two to close for huge winnings today, and the first is our TXT initiative, whose details can be found HERE.  In summary, we’re short one lot with a breakeven of $69.16.

And…?

With TXT shares now trading at $68.29, we say it’s time to shut her down.

Our net gain on the affair is $0.97 – on nothing expended.

Adjusted for minimal commissions gives us a take of 546%.

And that ain’t Kibbles & Bits.

Next up is our CROX trade, whose particulars can be snagged HERE.

Bottom line is this: we’re holding two short June 75 CALLs and a credit of $23.26.

And…

The CALLs can be repurchased today for $6.40 each.

So giddyup!

Get it done, and you’re left with a walloping $10.36 NET on just twenty cents spent.

And that’s an unheard of 5080%.

Stay calm, pop.

We’re taking a crack at egg-seller extraordinaire Cal-Maine Foods today (NASDAQ:CALM).

Why?

Because this Ridgeland, Mississippi outfit has become a shell of its former self.

And the fundamentals attest to it.

Look here –

• P/E is 149.41,
• Dividend Yield is ZILCH,
• Price to Book is 2.64,
• EPS are down this year by 88.80%, and
• EPS are down for the last five years by 63.50%.

But the stock price is soaring.

Now, we understand there’s inflation.  And we understand that a phony bird-flu is the next piece of fakery the evil ones have concocted to kill off a new chunk of humanity – after all, the Putin-Satan “news” cycle is going stale.  Gotta get airborne.

But there’s a limit to how much you can drive a stock higher without folks catching on and starting to take profits.

Have a look here –

Technically, we have a stock sitting Humpty-Dumpty-like on a wall –

1. To begin, we’ve registered an overbought RSI read for the second time in a month (in green).  And that in itself is a dangerous proposition.
2. Incidentally, weekly RSI is also overbought (not seen here).  And when both indicators are cracking the ozone like this, you know it’s getting close to re-entry burn-up time.  Expect it.
3. At the same time, we see MACD rolling over quickly.  This reinforces the thesis that the bulls are losing their grip; momentum is now with the bears.
4. Price-wise, we see a six week trend channel (in red) that’s near parabolic, and Friday’s close brought us to the bottom edge of that channel – even a peek-a-boo below (in blue)!  The crack-up looks close.
5. The immediate downside – should the lower edge of that channel break – is at CALM 50, where the rising short-term moving average is situated (in purple).  Below that, we see weakness to 40.
6. Volume, too, supports the current top-out thesis, surging directly into the shares’ all-time highs last week (in black).

So what should we expect?

First off, the whole thing is a mite too manic to continue any higher.

At the same time, we needn’t see such a tempestuous swoon to profit like some greedy Roman Caligula.

On the contrary, even a modest pullback would pay us for our troubles.

Like this –

A Jew and His Money recommends you consider selling the CALM May 20^th 52.50/55.00 CALL spread* for a credit of $1.10 (4.50/3.40) and buying the CALM May 20^th 55.00/52.50 PUT spread** for a debit of $1.15 (2.70/1.55).  Total debit on the trade is $0.05.

[*Sell the 52.50 CALL and buy the 55 CALL.  **Buy the 55 PUT and sell the 52.50 PUT.]

Rationale: we like a trade that costs a mere nickel to launch and gives us an immediate opportunity for a 4900% take (2.45/0.05).

Max gain is $2.45.

Maximum downside on the trade is $2.55 (difference between the CALL strikes plus the initial debit).

Our breakeven arrives at $53.70, just 3.6% below Friday’s close.

And the full purse is championed with a decline of only 5.7%.

As always, take on multiples of the trade if your banker (and your wife) permits.

With G-d on our side, we’ll see a winfall – and good health, and Torah scholars all our sons, and nashim tzidkaniot our daughters – and all the blessings of a geulah shleima b’karov b’yameinu.

!שכן יהי רצון

With kind regards,

Hugh L. O’Haynew

Follow @HughLOHaynew