Buy HON via selling the May 55 puts
HON higher on earnings, solid support at 55 to 57
Buy CAL via selling the May 17.5 puts
Fare hike is good news, earnings just out were not a disaster. Strike price on puts is at the lows so there is chart support.
Positions:
Long CAL, INTC, HON, MON hedged (with MON expiring today)
Long BRK.B
1 comment:
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