Best Stock on the Market

Call Options on SWFT on 11/11/2014

Bullish Cup & HandleSwift Transportation Company (SWFT) operates as a multi-faceted transportation services company in North America.

The company operates through four segments: Truckload, Dedicated, Central Refrigerated, and Intermodal.

The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Central Refrigerated segment primarily offers shipments for customers who require temperature-controlled trailers. These shipments include one-way movements over irregular routes, and dedicated truck operations, as well as intermodal trailer on flat car and third party logistics loads. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides transport service to loads between the railheads and customer locations. The company also offes freight brokerage and logistics management services, as well as support services to its customers and owner-operators, which include shop maintenance, equipment leasing, and insurance.

Swift Transportation Company operates a tractor fleet of approximately 18,000 units, including 12,800 tractors driven by company drivers and 5,200 owner-operator tractors; a fleet of 57,300 trailers; and 8,700 intermodal containers from 40 terminals positioned near freight centers and traffic lanes in the United States and Mexico.

It serves various customers primarily in the retail, discount retail, consumer products, food and beverage, manufacturing, and transportation and logistics industries.

52-Week Trading Range:  $18.53 - $26.71

Last Trade: $25.50

Trade

  • Buy 1 December $25.00 Call at $1.30
  • For a net debit of $1.30

Profit/Loss Analysis

  • Breakeven at $26.30
  • Maximum profit is unbounded
  • Maximum loss is ($130.00) at strike of $25.00

Closing Summary

  • Sold 1 December $25.00 Call at $2.90

Position closed on 11/21/2014 at price of $2.90 with a 123.08% gain in 10 days.

Updates

11/21/2014 11:28:23 AM

We are taking profits on SWFT Call Options.  

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