Call Options on EPRT on 1/21/2020

bullish cup and handle, $EPRTEssential Properties Realty Trust, Inc. (EPRT) acquires, owns, and manages single-tenant properties in the United States.

The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis.

As of December 31, 2018, it had a portfolio of 677 properties.

The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

Shares have formed a bullish cup and handle , higher share prices are expected for this stock.

 

Last Trade: $25.75

Trading Range: $14.50 to 27.10

 

Trade

  • Buy 1 February $25.00 Call at $1.10
  • For a net debit of $1.10

Profit/Loss Analysis

  • Breakeven at $26.10
  • Maximum profit is unbounded
  • Maximum loss is ($110.00) at strike of $25.00

Closing Summary

  • Sold 1 February $25.00 Call at $3.20

Position closed on 2/4/2020 at price of $3.20 with a 190.91% gain in 14 days.

Updates

2/4/2020 11:25:35 AM

EPRT call option sold for $3.20

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