$160 Profit
KBHShort Option
Entry comments: This is an earnings play. Not an A+ earnings play because it only has monthly options but it does expire this week. Yesterday Lennar beat on earnings so I expect KB Homes to follow suit. Even if not I like my strike. With the premium and the dividend it will pay my BEP would be 63.9 which seems like a good price to enter this chart anyway. Should just be an easy premium grab either way.
Exit comments: Nice little overnight winner here. Glad I took it.
Broker:Fidelity
| Date | Price | |
|---|---|---|
| Entry | 6/18/2024 | 0.85 |
| Exit | 6/20/2024 | 0.05 |
- Total Views76
- Position Size2
- Percentage94.12%
- Option TypePUT
- Strike65.0
- Expiration6/21/2024
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