Sell Masco April Calls for 30% Gain

Sell to close the April 18, 2019 call on Masco Corp (NYSE: MAS) with a strike price of $33 at $1.75 or higher for a 30% gain in less than one month. Symbol (MAS190418C33)

The stock is trading right near the strike and will continue to rise if the stock moves higher. These calls do not expire until April so some subscribers may choose to place a stop loss on the position.

I still like the stock very much but recent action in some other housing suppliers like Masonite (NSDQ: DOOR) makes me a bit nervous. I’d rather book the gain and revisit the options trade.

If you own the stock outright, I suggest holding on to that position. This is a trade for the options only.

Stock Talk

JoeJB

JoeJB

Sold at $1.97 Good call and nice to have a good gain.

Donald Lewis

Donald Lewis

MAS 1.97 Fidelity

Phil L.

Phil L.

Sold 1.95 IB

Thank you Linda

Daniel Long

Daniel Long

STC 1.90 credit.
Thanks, Linda.
DL

Daniel Long

Daniel Long

37.7% gain.
DL

Steve Aarnio

Steve Aarnio

Ah, dang. I was either a bit too late, or a bit too early. Only $1.87 for me 🙂
Thanks Linda!

Add New Comments

You must be logged in to post to Stock Talk