The Fab 5 review

I keep a list of the Fab 5 ($100 Roll) positions here on the Blog but I thought I would give a quick review of how each position looks right now:

DirecTV $DTV  I am long the June $94 Calls. Options Net is -$.30 so the Risk is well-defined (what I paid for the Calls)

MasterCard $MA  I am long stock at $92 with short June 12w $93 Calls (covered calls) so I will need to tend to these by next week Friday expiration. Options Net: $2.14

PNC Financial $PNC  I am long stock at $92.40 with short June $95 Calls (covered calls) so this trade has a “cap” to it right now ($96.46). Options Net is $1.46

Workday $WDAY  I own the July 85/87.5 Call Spread and short the September $85 Puts. I am short stock at $89.28 as a hedge for the short Puts. Options Net: $1.90

Yum! Brands  I am long stock at $91.26 with short June 05w $92 Calls (covered calls) so I will need to tend to this before Friday eod. Options Net: $2.25

 

– DM 10:15 AM CST

 

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