Best Stock on the Market

Call Spread on OUTR on 2/27/2014

Bullish Flag on OUTROuterwall (OUTR) provides automated retail solutions in the United States, Canada, Puerto Rico, Ireland, and the United Kingdom.

Its Redbox segment owns and operates approximately 43,700 self-service Redbox kiosks in 35,800 locations that enable consumers to rent or purchase movies and video games, as well as purchase event tickets.

The company’s Coin segment owns and operates approximately 20,300 self-service coin-counting kiosks in 20,100 locations, which enable consumers to convert their coin to cash, a gift card, or an E-certificate.

Its New Ventures segment focuses on identifying, evaluating, building, and developing innovative self-service concepts in the automated retail space, which includes coffee, refurbished electronics, and photo self-service concepts. The company’s kiosks are located primarily in supermarkets, drug stores, mass merchants, financial institutions, convenience stores, and restaurants.

Shares have formed a bullish "flag" following the company's latest quarterly results. Higher share prices are expected for this stock.

52-Week Trading Range: $46.25 - $73.50

Last Trade: $70.58

 

Here is the trade: 

 

Trade

  • Buy 1 March $70.00 Call at $2.50
  • Sell 1 March $75.00 Call at $0.80
  • For a net debit of $1.70

Profit/Loss Analysis

  • Breakeven at $71.70
  • Maximum profit is $330.00 at strike of $75.00
  • Maximum loss is ($170.00) at strike of $70.00

Closing Summary

  • Sold 1 March $70.00 Call at $5.50
  • Bought 1 March $75.00 Call at $2.50

Position closed on 3/5/2014 at price of $3.00 with a 76.47% gain in 6 days.

Updates

3/5/2014 12:22:27 PM

We are taking profits on OUTR call spread at $3.00.

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