April 22, 2020 - MDT Alert (DBX)

DBX is trading about $20 per share as I write this.

And they report earnings on May 7th. This appears to be reflecting in the option pricing on the stock.

Because of this, I am going to suggest selling calls against DBX.

My suggestion is to sell the calls that expire next Friday.

Here is the suggestion:

Sell to Open (1) May 1st - $20.50 call for every 100 share you own.

You should be able to sell them for $.50.

These are the calls that expire next Friday.

This alert applies to you if you own share in DBX only. In other words, do not sell naked calls.

Assuming you collect 50 cents per share, it will mean you will have collected $1.25 per share in call premium on DBX.

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