Our CVS Health (CVS) and Expedia (EXPE) calls are currently on track to expire worthless, although there’s a slim possibility we could get called out.
Both companies are scheduled to report earnings next week. We will look to temporarily exit the positions or hedge ahead of the announcements.
CVS Apr Week Four (4/28) 74 Call
Current Stock Price: $73.49
Cost Basis: $86.12
Action: Watch call expire
EXPE Apr Week Four (4/28) 95 Call
Current Stock Price: $93.84
Cost Basis: $99.92
Action: Watch call expire