HSY - sort of a

    Posted by DigiNomad on 8th of Dec 2022 at 03:03 pm

    HSY - sort of a boring name, but WOW performance. How many names like this one out there?  I checked the chart only because a service I use recommended a bull call spread today. Sheesh - I missed the boat! 

    Little tidbit on HSY. They

    Posted by Trendie on 8th of Dec 2022 at 03:19 pm

    Little tidbit on HSY. They usually start a run up around Dec 1 that carries all the way through Valentine's Day.

    Interesting. Thanks. FWIW, here's the HSY

    Posted by DigiNomad on 8th of Dec 2022 at 05:08 pm

    Interesting. Thanks.

    FWIW, here's the HSY trade one of my services is recommending:

    Call (Bull) Debit Spread on Hershey (HSY, current price $232.58)

    Buy 10- January 2023, $230 strike call for $9.20
    AND
    Sell 10- January 2023, $240 strike call for $4.20

    If transacted with a $5 net debit, based upon a projected share price of $240 at expiration on 1/20/23, Return on Investment (ROI) would be 99.40% (including reasonable commission) if HSY rises 3.19% in the next 7 1/2 weeks.

    This is too risky for my style, but you can get a big part of the performance sliding the spread down a bit on the chain. 

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