June 15, 2020 - MDT Alert (DXC)

Today I would like to make one more suggestion. And it will be a covered call.

The stock is DXC Technology Co. (DXC).

DXC is trading at $16.34 as I write this.

My suggestion is to buy DXC at the market.

Then Sell to Open (1) June 19th- $17 call for every 100 share you buy.

The June 19th - $17 calls can be sold for $.55.

Based on the tracking portfolio, limit the stock buy in to 300 shares or 4.9% of the tracking portfolio.

If the calls are assigned this Friday, the return will be 7.4% for five days.

/by

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