November 5, 2020 - MDT Alert (PRA)

PRA has been trading in a range since the position was put on.

And as I write this, it is trading around $15.27.

We can collect $.20 per share by selling the November monthly calls against the position and that is what I suggest you do.

Here is the trade:

Sell to November 20th - $17.50 call for $.20.

These calls expire in two weeks.

This will bring to $1.00 per share the premium collected on the position.

And if the calls are assigned on the 20th, the return will be 12.5%.

Only sell these calls if you are long the stock. And sell 1 call for every 100 shares you own.

This alert applies to you only if you own shares in PRA.

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