Call Spread on POOL on 8/30/2021

Pool Corporation (POOL) distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally.

The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; fiberglass pools, and hot tubs and packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and related products consisting of irrigation system components, and professional lawn care equipment and supplies.

It also provides building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for use in pool installations and remodeling; and commercial products, such as heaters, safety equipment, and commercial pumps and filters. In addition, the company offers discretionary recreational and related outdoor living products that enhance consumers' use and enjoyment of outdoor living spaces, such as hot tubs, grills, and components for outdoor kitchens.

It serves swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors; golf courses; and commercial customers that serve hotels, universities, and community recreational facilities.

As of December 31, 2020, the company operated 398 sales centers in North America, Europe, and Australia.

This stock should see upwards momentum from its remodel and replacement services as most consumers have grown accustomed to a work-from home living experience and are focusing more on home improvements as we head into the fall season.

We will be trading September 17th Call Spread options

Last Trade: $480.91

Trading Range: $285.93 - $495.22

Trade Buy 1 September $480.00 Call at $11.19 Sell 1 September $500.00 Call at $3.40 For a net debit of $7.79 Profit/Loss Analysis Breakeven at $487.79 Maximum profit is $1,221.00 at strike of $500.00 Maximum loss is ($779.00) at strike of $480.00 Closing Summary Sold 1 September $480.00 Call at $20.00 Bought 1 September $500.00 Call at $6.00

Position closed on 9/10/2021 at price of $14.00 with a 79.72% gain in 11 days.

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