A bullish options bet on a small cap power electronics company positioned to profit from both trends.
Out of the RELL put spread today at $0.20.
Good morning. RELL is up nicely after earnings. Have you had a chance to peruse the earnings report yet? Thank you.
Yes, this looked like a genuinely good quarter, not just a low-bar “beat.” The main positives were improving profitability, healthy backlog, and continued strength in the PMT business. The big move in the stock seems justified.
Out of the RELL put spread today at $0.20.
Good morning. RELL is up nicely after earnings. Have you had a chance to peruse the earnings report yet? Thank you.
Yes, this looked like a genuinely good quarter, not just a low-bar “beat.” The main positives were improving profitability, healthy backlog, and continued strength in the PMT business. The big move in the stock seems justified.