Mosaic Company (MOS) is scheduled to report earnings after the closing bell. Although the stock is running up into the announcement, I want to sell our shares to avoid earnings risk given how MOS has traded on past reports.
We will re-enter the position after earnings come out by selling a put to reduce our net debit on the position.
Current Stock Price: $63.61
Cost Basis: $72.80
Action: Sell shares at market
Net Debit: $9.19