Buy/write LEA Lear Automotive
Buy the stock, sell the Feb 30 call
LEA higher on earnings projections. They are an auto parts provider. Classic case of stock running into old resistance at 30. Stock is still cheap (stats) to my eyes, with an eye popping price-to-sales of 0.10 and sales projected higher.
As always this is not a recommendation to buy or sell.
Current holdings: LEA, TXI, WDC all hedged, long stock, short calls.
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