HomeLifestyleRetailMorning Trade: Williams-Sonoma (WSM) Selling A Call Spread
Morning Trade: Williams-Sonoma (WSM) Selling A Call Spread

Today's morning trade is Williams-Sonoma (WSM). With inflation here, is there going to be any money left over for luxury goods, asks Joe Tigay, Portfolio Manager of The Rational Equity Armor Fund. He thinks the upside is limited and volatility is high, so he is selling a call spread. The trade is to sell the Apr. 14 $160/$170 call spread at a breakeven of $163.10. Tune in for the details on how he chose this trade.

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