Monday, December 7, 2015

RH: Sale @ "94"

Common Cents sold its January 15 $85 call option on Friday, December 4.  The option was purchased for $7.5 and sold for $9, yielding a return of 20% off of an approximate 3.5% increase in the share price of the common stock.  The volatility in RH's share price was related to widespread volatility in the market; no news specifically pertaining to RH was released during this period.

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