Rough start to this short trading week but we have a couple of stocks that are up today and give us a chance to roll calls.

TRADE ROLL

CF Industries (CF): 85.66

CF Industries is trading higher this morning. Let’s take advantage of the up day to roll our call out.

ACTION:  Roll the CF 24 Feb 91 call to the CF 10 Mar 90 call for a net credit of around 1.00 to 1.05

Buy to close the CF 24 Feb 91 call 

Sell to open the CF 10 Mar 90 call

TRADE ROLL

Camping World Holdings (CWH):  24.97

Camping World reported earnings and it wasn’t a very good report. However, the stock is up 5% in trading this morning. Go figure.

The company missed estimates on Q4 EPS of -$02.0 by $0.23 … a big miss but did beat on revenue by $60M on $1.35B … however down 7.1% year-over-year. Clearly the slowdown in post-Covid travel is impacting the company and the stock. However, as CWH continues to diversify its business, they haven’t given any sign that they will cut their dividend. We will stick with our position in Camping World as we head into the summer travel season.

Let’s take advantage of the stock being up and roll our call position.

ACTION:  Roll the CWH 24 Feb 27 call to the 17 Mar 27 call for a net credit of around 0.30 to 0.35

Buy to close CWH 24 Feb 27 call

Sell to open CWH 17 Mar 27 call