December 1, 2020 - MDT Alert (PS)

Today, I would like to make a suggestion on a covered call.

The stock I want to suggest is Pluralsight, Inc. (PS).

PS is trading around $16.84 as I write this.

My suggestion is to buy PS at the market, which is $16.84.

After buying the stock, execute this trade:

Sell to Open December 18th - $17.50 call for $.55.

Based on the nominal portfolio, limit the stock purchase to 400 shares
or 6.7% of the nominal portfolio.

This would mean you would sell 4 calls.

If the calls are assigned in three weeks, the return will be 7.2%.

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