CBRL - Delta Variant Made For Interesting Option Trading Results For 2021 3rd Quarter

October, 01 2021 07:30 AM Cracker Barrel Old Country Store Inc.

As the quarter proceeded, so did concerns about the ill effects the COVID-19 Delta variant was having on the health of the world’s population and economic activity.
Two stocks perceived to be most affected by the Delta variant performed poorly and resulted in those Put trades being exercised against me (LUV and SLB).
August presented two opportunities to profitably exit trades. I included a section on the thoughts behind my actions related to both positions.
This article covers all the option trades I made during the 3rd quarter of 2021. I also cover a new option strategy I used. Overall, it was a good quarter.

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Company Name:	Cracker Barrel Old Country Store Inc.
Stock Symbol:	CBRL
Market:	NASDAQ
Website:	crackerbarrel.com