March 3, 2020 - MDT Alert (DBX)

Today, I would like to make one more suggestion on a short term covered call.

And it will be on another stock I suggested in the past.  The stock is Dropbox Inc. (DBX).

DBX is trading around $19.70 as I write this.

Buy DBX at the market.

Then Sell to Open (1) March 13th - $20 Call for every 100 shares you buy.

You should be able to sell them for $0.50.

If the calls are assigned in two weeks, the return will be 4% for just under two weeks.

Based on the nominal portfolio, limit the stock buy to 400 shares or 7.8% of the nominal portfolio.

/by

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March 3, 2020 - MDT Pro Tips A.M. Trade Alert - (ADSK) March 3, 2020 - BUY

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