Sell Central Garden Put for Almost 60% One-week Gain

By Linda McDonough • August 15, 2018

Sell to close the October 19, 2018 put on Central Garden and Pet (NSDQ:CENT) with a strike price of $40 at $2.15 or higher. Symbol (CENT181019P40)

Central Garden and Pet priced its 5 million share secondary at $37, well below market prices. This required discount is an indication of investor caution on the name. The puts are up almost 60% in one week, so I suggest booking the gain.

These puts are thinly traded so it might take some time. I don’t see any bullish news on the horizon so be patient.

 

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Ted

Ted

BTO $1.35
STC $2.25

66.6% gain in 5 trading days

I haven’t received an email or text on this alert. I had my eye on the market this morning and happened to check the PCA page for any news.

Ted

Ted

FYI – Email and Text alert received at 10:13 am

Linda McDonough

Linda McDonough

Thanks for letting me know- it’s helpful to know the lag.

JoeJB

JoeJB

STC @ $2.15 Nice gain in just 5 trading days.

Phil L.

Phil L.

I went out at $2.10 yesterday and was second guessing myself

Thanks Linda

Jeff L.

Jeff L.

Thank you Linda sold at $6.23 fantastic gain…… cheers!!

Jeff L.

Jeff L.

Sorry I need to take that back wrong put

Jeff L.

Jeff L.

sold at $2.05 still great thanks again.

John N

John N

I Closed CENT yesterday at $1.90. My inner self said don’t get greedy – it never works out!(Bought at $1.35 – not a bad 40% gain in a couple of days)

Chris Stubbs

Chris Stubbs

LOW made a profit of 44% in 7 days
CENT made a profit of 43% in 7days

Great work Linda. Thank you

Paul

Paul

Sold at $2.05. Thank You Linda.

Claude

Claude

STC 2.10
Thanks

Daniel Long

Daniel Long

STC @ 2.05 for 50% gain.
Thanks for triple play.
DL

Michael E

Michael E

CENT FILLED @$2.20

Thanks Linda!!

Anthony M

Anthony M

Thank You Linda, Sold cent @ 2.25; 66% in 6 days.

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