We’ve been in our bullish play on Bank OZK (Nasdaq: OZK) for just under six weeks. The $30-strike call options we purchased for $2.82 are now selling for roughly double what we paid for them.
Today, I’m recommending you reduce your exposure to consumer staples stalwart J.M. Smucker (NYSE: SJM) by selling a portion of the call options I recommended purchasing on October 6.
Our experts do the work to make investing safe and profitable for you. Sign up for FREE access to our Money & Markets Daily daily emails and take control of the Markets!