If Called returns 32% over 155 days, 74% annual return.
Downside breakeven at 3.8 requires 35% share price drop.
Michael Murphy very positive on BWNG, may even buy call if can get for less than current 1.35.
Share BWNG 5.15
Call .QBGHA 1.35 19-Aug
Inital Size 10
Profit potential 1,200
Return 31.58%
Outlay 3,800
No. Days 155
Annual Return 74.30%
Maximum Portfolio Risk 1%
Stop Set at 3 reduces risk to 800 or .22% portfolio risk
Position Sizing If moves positve re-examine and look to buy 10 more. Maximum allowed 3000 shares.
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