Rabu, 29 November 2023

Sell the BYON Calls

Jeff Clark's Delta Report

Sell the BYON Calls

By Jeff Clark, editor, Delta Report

Wed Nov 29 2023

The Beyond, Inc. (BYON) January 19 $17.50 calls (BYON240119C00017500) we bought last week for $1.35 are trading today for $3.00. That’s a 122% gain.

BYON is rallying on news of strong Black Friday and Cyber Monday sales, and on news that Marcus Lemonis will serve as Co-Chair of BYON’s Board of Directors.

So, both of the catalysts we were expecting to move the stock have indeed prompted a rally.

Now it’s time to take our profits…

Sell, to close, half the BYON January 19 $17.50 calls (BYON240119C00017500) for about $3.00.

We’ll record a 122% gain on this trade.

Best regards and good trading,

Jeff Clark

Jeff Clark

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