Posted on February 14, 2020
On December 1st That’s One Helluva Porpoise You Got There, Slim arrived in your mailbox, urging you to buy the ITA July 17th 230 CALL for $15.10 and sell the HII June 19th 260 CALL for $14.70. Total debit on the affair was $0.40.
And here it is, some 10 weeks later, with the ITA CALL selling for $15.10 and the HII going for exactly $10.00.
Sell the former, buy back the latter, and you absolutely stun the crowd with $4.70 on $0.40 spent.
That’s 1175%, bro.
And that ain’t chump change.
Err… the pasture fed mutton.
The G-d of Israel neither slumbers nor sleeps!
Alan B. Harvard