Posted on September 29, 2021
We’ve got one to close today while iron’s hot.
And we’re wasting no time –
Home of the world’s original 5G death experiment.
Anyway, the trade was offered in a communiqué that graced your inbox exactly 30 days ago.
It was called Investing Primer: Sherwin Williams Paints the Tape Red, and therein we urged you to sell the SHW October 15th 300/310 CALL spread credit for $3.50 and buy two (2) SHW October 15th 290/280 PUT spreads for $1.90 each. Total debit on the trade was $0.30.
And now we’re downright fruit-batty, because the CALL spread can be repurchased for $0.60 (0.85/0.25) and both long PUT spreads can be sold for $4.90 (10.90/6.00).
Get it executed, and you walk with $8.90 on $0.30 spent.
And our calculator tells us that that’s a jumbo-sumo-gonzo 2967% in just a measly fruppin’ month.
Take it to the bank.
And thank the G-d of Israel every step of the way.
Alan B. Harvard