Sell Griffon (NYSE: GFF) Puts For 2-week 150% Gain

Sell to close the January 18, 2019  put on Griffon Corp (NYSE: GFF) with a strike price of $15 at $2.90 or higher for a 2-week 150% gain. Symbol (GFF190118P15)

These puts are actually trading at $3.00 but are pretty thin which is why I suggest the $2.90 price limit.

JP Morgan just initiated coverage of the stock with an Underweight rating and price target of $11, so some of you might want to put a stop loss in at $2.90 and ride the puts if they move higher.

Please let me know how you did with this trade suggestion, by taking this brief survey. This trade and the Armstong (NYSE: AWI), both part of the Homewrecker trade, did quite well. I hope you made some profits.

 

Stock Talk

-CR-

-CR-

3,900% APR What More Can I Say – Luv Ya’

Daniel Long

Daniel Long

GFF
BTO 10/16 1.22
STC 10/31 2.90
Profit = 1.68 = 137%.
Why can’t they all be like this?
Thanks, Linda.
DL

Linda McDonough

Linda McDonough

Yes, therein lies the question! Working on it!
Happy this one worked out so well.
Linda

Mark F

Mark F

GFF
BTO 1.20
STC 2.90
Great pick Linda.

Joanne Zhang

Joanne Zhang

Hi Linda,

I bought GFF at $1.45 and sold early at $2.00.

I’m new to your service and when I got the alert, it was to late for the AWI trade. But this one worked out nicely for me. Looking forward to the next trade.

Thank you,

Joanne

Donald Lewis

Donald Lewis

Sold GFF @ 2.90 Fidelity
Thanks

Doyle Mccullar

Doyle Mccullar

Way ahead you you ( for once ) Linda…I put in the STC order with a limit of 3.00 GTC early this morning.
Cha-Ching! Thank you for this recommendation!

Todd Harrell

Todd Harrell

STC @ $2.97

Phil L.

Phil L.

Sold for $3.00

Thank you Linda

Liranzo S

Liranzo Sanchez

Out for 82% gain.

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