November 27, 2020 - MDT Alert (PRA)

I am going to suggest you close the PRA position. 

This is because of two reasons. The first is that from a technical standpoint, it is overbought short term. 
 
And the second reason is that the options are pretty thin, unlike the BOX position. 
 
Sell PRA at the market, which is $17.01. 
 
The position was put on at $16.45, so this results in a gain of 
$.56 per share. 
 
If you traded the suggested 400 shares, the overall gain is $224. 
 
You should have also had a gain of $1 per share if you sold the calls on this position. 
 
Including the call premium collected and the gain, the overall return is 13.7% or $624.

/by

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November 27, 2020 November 30, 2020 - MDT Pro Tips

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