Call Options on FOUR on 11/16/2020

bullish flag $FOURShift4 Payments, Inc. (FOUR) provides integrated payment processing and technology solutions in the United States.

Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.

The company also offers suite of technology solutions, such as Lighthouse 5, a cloud-based business intelligence tool that includes customer engagement, social media management, online reputation management, scheduling, and product pricing, as well as reporting and analytics; integrated POS for merchants business; and Skytab, a mobile payment solution.

In addition, it provides marketplace technology that enable seamless integrations into third-party applications, which includes online delivery services, payroll, timekeeping, and other human resource services.

Further, the company offers merchant management, training and education, marketing management, and incentives tracking solutions.

Additionally, it provides merchant underwriting, onboarding and activation, training, risk management, and support services; and software integrations and compliance management, and partner support and services.

Following the company's acquisition of 3dcart, an e-commerce platform, share rise have been steadily rising and should continue to do so.

We will be trading December Call Options.

Last Traded: $59.35

Trade Range: $30.00 to $64.35

Trade

  • Buy 1 December $60.00 Call at $5.00
  • For a net debit of $5.00

Profit/Loss Analysis

  • Breakeven at $65.00
  • Maximum profit is unbounded
  • Maximum loss is ($500.00) at strike of $60.00

Closing Summary

  • Sold 1 December $60.00 Call at $8.00

Position closed on 12/17/2020 at price of $8.00 with a 60.00% gain in 31 days.

Updates

12/17/2020 1:20:21 PM

FOUR $60 Call Options sold for $8.00

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