Wednesday, September 13, 2017

IRMA and a Briggs & Stratton Update

Alfred is watching his BGG (Briggs and Stratton) trade carefully.  Although I am an IRMA refugee I helped him out with this trade.  He decided to take an October 20, 2017 $22.50 call on his BGG shares.

He will get the quarterly dividend of $.14 as BGG goes ex-dividend tomorrow September 14, 2017.  He will pocket the call premium of $.40.

BGG short term trade to take advantage of hurricane season:

Let's see how he does.

M* MoneyMadam
Disclosure No Position