This week’s trade is in Welltower (WELL).

music selection: “Shake Your Body (Down To The Ground)” — The Jacksons

weigh-in:  201.0 (2.4)

First my closed trades.  Third Friday expiry was over the weekend.  I booked 1,544 in profit on a MSFT bull call spread over 39 days.  That yielded 62.9% or 588% annualized.  A bull spread in LSI returned 825 dollars or 17.6% over 26 days which was good for 248% annualized.  A long put in AMC expired worthless for a loss of 1,030.  INVH was assigned over the weekend at a strike of 35 (4,100 shares).  I unloaded them this morning for 36.96, booking 3,156 in profit.  That was good for 64.7% over 21 days or 1,124% annualized.

With WELL trading at 79.15, I bought the 77.5/80 strikes bull call spread with 16JUL2021 expiry for 1.40 a share (35 contracts).  I have 4,900 in capital at risk over 26 days.  If expiry were today, the stock would close between the strikes and be worth an estimated 875 in profit.  That is, I have 0.32% downside protection.  Should the stock rise by 1.07% or more by expiry, full profit will be realized.  That would be 3,850 or 78.6%, which annualizes to 1,103%.

Devour your prey raptors!

Monday trade in WELL with yield up to 1,103%

Never miss another opportunity to devour prey!

One thought on “Monday trade in WELL with yield up to 1,103%

  • June 21, 2021 at 5:02 pm
    Permalink

    nice trade on WELL! Looks like a winner to me.

    Reply

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