Call Options on TOL on 8/24/2020

Toll Brothers, Inc. (TOL), together with its subsidiaries, designs, builds, markets, sells, and arranges finance for detached and attached homes in luxury residential communities in the United States.

The company operates in two segments, Traditional Home Building and City Living. It also designs, builds, markets, and sells homes in urban infill markets through Toll Brothers City Living.

In addition, the company develops, owns, and operates golf courses and country clubs; develops and sells land; and develops, operates, and rents apartments, as well as provides homeowners with home automation and technology options.

Further, it owns and operates architectural, engineering, mortgage, title, landscaping, lumber distribution, house component assembly, and manufacturing operations. The company serves move-up, empty-nester, active-adult, and second-home buyers. 

Please note, this stock will be reporting earnings tomorrow, August 25th. 

We will be trading September 11th Call options

Last Trade: $44.65

Trading Range: $13.28 to $49.31

Trade Buy 1 September $43.50 Call at $2.05 For a net debit of $2.05 Profit/Loss Analysis Breakeven at $45.55 Maximum profit is unbounded Maximum loss is ($205.00) at strike of $43.00 Closing Summary Sold 1 September $43.50 Call at $0.35

Position closed on 9/11/2020 at price of $0.35 with a -82.93% loss in 18 days.

Updates

9/11/2020 9:40:27 AM

TOL call option closed

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