The RING I was just adding to my positions. I don't know where to put money on the side to make it work. Did covered calls on both stocks. My thoughts on Sysco...We will open up sometime. A solid company that is in colleges, schools, and restaurants. The restaurants will come back at sometime. Tourist will be back at sometime. The Sysco option was for the Jan 22 $85. It is a wait and hold. With Biden offering two years of community college to everyone...They have to eat close by. In someways, it's a no brainer for 2022. Even if the airlines are not back (consolidation), schools will be. Very slowly chefs will consolidate and combine into new restaurants...Taking on less risk (but still needing Sysco's products). With RING...The US government is just printing money. It's a defensive play while waiting on the sideline. Two moves that are not earth shattering...
Agree on SYY. I bought some SYY a few months ago, but had it called away much lower than it is now. Been selling puts on it ever since, but stopped doing that after last month figuring C19 would come back this fall. With the vaccine, probably a good idea to start selling puts on it again.