Posted on August 8, 2022
Hope everyone had a meaningful fast, and we’re one step closer to Mashiach Tzidkenu.
That said, it’s back to business.
We’re closing down our long/short LLY-DIA trade from August first.
Yup, in just one week this puppy delivered the goods.
The dispatch was called Where Were You, Lilly? and it urged you to sell the LLY October 21st 370 CALL for $5.35 and buy the DIA October 21st 340 CALL for $5.45. Total debit was a dime. We also recommended you set a STOP buy on LLY at 370 to avoid any runaway loss.
The LLY CALL can be repurchased for $2.79 and the DIA CALL dumped for $4.35.
Get it done and you mosey on out with $1.46 NET on just a dime spent.
And that’s a cool, daiquiri-like 1460% in JUST ONE STEAMING SUMMER WEEK!
With kind regards,
Hugh L. O’Haynew