Today, I picked up 2 July 440 call options in AutoZone. From the trend research I’ve done on this stock, I’ve discovered it tends to rise approximately 6 weeks after it’s Q3 earnings release which was May 21st. I’ve also traded this trend in the past resulting in a nice profit. My order was partially executed so, I’ve listed the two transactions separately.
Here’s a look at my potential profits:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
My charts for this trade: