June 23, 2020 - MDT Alert (CLVS)

CLVS is back to the entry price and I would like to take this as an opportunity to collect some call premium.

I am going to suggest you sell the front week $7.50 call on the stock.

Here is the trade:

Sell to Open (1) June 26th - $7.50 Call for every 100 shares you own.

You should be able to sell them for $.25 per every option.

This will bring the call premium collected on this position to 50 cents per share.

If the calls are assigned this Friday, the return will be 9.4% for less than a month.

Of course, this alert only applies to you if you own shares in CLVS.

/by

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