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.
In his free newsletter, What My System Says Today, Adam O’Dell uses his Green Zone Power Rating system to keep you in the know and focused on the market’s best (and worst) opportunities. It’s a data-driven approach underpinned by Wall Street-caliber tools you can only get here at Money & Markets. Sign up for FREE access to our daily emails now!