<<<< Replacement ideas for HF acct >>>>
A-Sony Group Corporation
B- BJ Wholesale
C- Disney
The options are pricing about a 9% move on BJ's for earnings. (+/-$7)
I hesitate to say I think it's a winner, because if it's not, you'll blame me... (because being a far left-leaning blame shifter is ingrained in your personality through no fault of your own--- aside from the personal lack of analytical brain mass)... but I do think it's a decent granny stock for whatever that's worth.
I don't see it dropping to $68 unless they really screw something up. If they surprise nicely, those March $80's you like ($1.70 today) would obviously be a double-plus if it hits $83ish.
Going back 5 years, it looks like the stock oftentimes beats the earnings straddle, but that's only a quick look on my part without delving further into it. It also looks like it tends to gap down on earnings more than it gaps up, but then the climb resumes.
Sooo... It's up to you Stoney. All eyes will be on the new member recruitment #'s at existing stores and that 3% net margin. No debt to speak of, so any improvements on those fronts and you should be ok. If it drops, well... I think long term you'll be ok for sure. Your choice. Buy the calls for the quick score if you're right... or buy the stock for the granny account either way. That's my opinion.
Edit:
Oh, and btw... your spoiled NY ass would do well to acknowledge this post with some semblance of a "thanks van" when you read it, and not your usual 10 subsequent adhd (non-related) posts like you usually do, ignoring my input here for you as if it were never written. I get a little tired of that when I'm being serious and I put in some DD in an honest attempt to really help you. Manners is another area you need to work on.