This was another wild week for Wall Street stocks. We experienced unmeasured volatility due to yet another tweet from the President. However, in the end the market landed on its feet.
This week’s earnings highlight goes to Take-Two Interactive Software, Inc. (TTWO). The company reported top-line revenue over a half billion dollars. This represents an increase of 39% year over year.
TTWO makes a great long-term hold or short-term covered call candidate. Going forward I highly recommend you sell TTWO covered calls in the 15 to 30 day range.
Stay positive!
Tyrone Jackson
The Wealthy Investor