#ICYMI there is a #merger in the #LuxuryGoods sector with #Coach parent #Tapestry buying #multilabel #capriholdings. We had owned #CPRI #stock but sold it in Dec 2022 for about the acquisition price. We juiced the gains selling monthly #coveredcalls against our #shares for good #premia given the #delta. #notarecommendation https://www.cnbc.com/2023/08/10/coach-owner-tapestry-to-acquire-capri-holdings-in-8point5-billion-deal.html?__source=iosappshare%7Corg.joinmastodon.app.ShareActionExtension
#icymi #merger #luxurygoods #coach #tapestry #multilabel #capriholdings #cpri #stock #coveredcalls #shares #premia #delta #notarecommendation