Earnings on AutoZone is due out on March 3. Volatility will stay inflated or slightly trend higher the next few weeks, which is perfect for a calendar. My first profit target is 15% and I expect to be completely out of the short position by Feb 17. Breakeven is roughly $130 and $141. If price reaches these points, I will adjust the position.
BTO 2 AZO Feb/Mar 135 Call for $4.85
Tuesday, January 27, 2009
AZO Earnings Calendar
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