Stock photo by Vecteezy
 

Bought another BCS.

music selection:  “Brand New Lover” — Dead Or Alive

weigh-in:  193.8 +2.4

Clean Harbors (CLH) is an ESG stock and provides environmental services.  I like the chart and the stable uptrend so I’m buying a bull spread.  With shares trading at 113.14, I bought the 105/110 bull call spread for 3.60 a share (13 spreads).  I have 4,680 in capital at risk over 47 days.  The trade enjoys 4.01% downside protection.  Should shares finish above the high strike, I will earn the full profit of 1,820.   That is good for 38.9% over 47 days or 302% annualized.

Among November expiries, all spreads are in the money except Match Group (MTCH).  MTCH reports tomorrow and a lot of whispers expect a beat so I am going to hold through earnings and make an exit decision thereafter.  If expiry was today, I would clear 8,519 in profits for the month of November.

Devour your prey raptors!