Call Spread on CHWY on 10/19/2020

Chewy, Inc. (CHWY), together with its subsidiaries, engages in the pure-play e-commerce business in the United States.

The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications.

It offers approximately 60,000 products from 2,000 partner brands.

The company was founded in 2010 and is headquartered in Dania Beach, Florida. Chewy, Inc. is a subsidiary of PetSmart, Inc.

The stock price currently has a price target of $100 and stocks should continue to move higher as this upward momentum increases.

Call Spread option on November 6th

Last Price: $67.24

Trade Range: $20.62 to $74.84

Trade Buy 1 November $65.00 Call at $4.90 Sell 1 November $75.00 Call at $1.18 For a net debit of $3.72 Profit/Loss Analysis Breakeven at $68.72 Maximum profit is $628.00 at strike of $75.00 Maximum loss is ($372.00) at strike of $65.00 Closing Summary Sold 1 November $65.00 Call at $3.75 Bought 1 November $75.00 Call at $0.05

Position closed on 11/4/2020 at price of $3.70 with a -0.54% loss in 16 days.

Updates

11/4/2020 12:21:39 PM

CHWY call spread closed

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