10 Comments
May 30, 2023Liked by Portfolio Armor

We have totally missed the boat on a put spread on target, though its going to get worse with the VP of marketing works for the grooming company they pay $2M a year. https://www.zerohedge.com/political/groom-and-doom-target-shares-mark-longest-losing-streak-almost-5-years

Same with North face, you got anything coming up?

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Target's interesting, in that it's getting hit with the backlash against the woke stuff (like North Face) but also shoplifting. But the question is if that's all baked into the share price yet, and if they'll be able to change course. I'll have to think about that.

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May 30, 2023Liked by Portfolio Armor

Greetings! With the midpoint @ $0.65, I placed a limit order @ $0.60, correct?

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Yes, that's what I did. Did your order get filled?

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Not yet, did yours?

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Yes.

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Darn, midpoint is $0.625, should I bump to that?

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If you can, sure. It probably won't make a huge difference in whether this trade works out for you or not.

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it had gone past there to $0.65 and it filled @ that.

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Just posted an update to this one: earnings came in a bit worse than expected, though revenue beat slightly and the stock is down about 5% after hours. We'll see if it recovers a bit before our options expire.

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