Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.

NDAQ:AVO - Post by User

Mission Produce Inc

Bullboard Posts

Comment by abolduc3106on Sep 05, 2014 2:28pm

203 Views

Post# 22910749

RE:RE:RE:RE:RE:Shorts

And yes, people sell naked calls every day, even on volatile stocks, because that's where they can get the high premium.

Here's an example.

The stock is trading at $18.50 and I sell you a naked SEP19 call at $1. I pocket the $1 price you pay me and I'm still making money as long as the price doesn't go past 19.50. If I'm smart, I'll buy the stock once it reaches the $19 and I still pocket $0.50 if someone decides to exercise that option, forcing me to sell the stock at $19.

If the price goes back down below $19 before the expiry date, the otion doesn't get exercised and I'll have to sell the stock at a loss, but I'm still making money as long as I'm able to sell it above $18.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale