BOX traded as high as $18.48 today and is now around $18.
I am still bullish on the stock, but it is trading right at a key technical level.
And as such, I would like to take this as an opportunity to collect some call premium.
As a result, I am going to suggest a trade on BOX.
Sell to Open (1) December $19 Call for every 100 shares you buy.
You should be able to sell them for 80 cents each.
Based on a sale at 80 cents, it will mean that you will have collected $1.20 per share in call premium.
And if the calls are assigned next month, the profit will be another 8%.
This alert applies to you only if you own shares in BOX.
