GT/Calch - I think they rode the wave of pent-up demand (from the recession) that has boosted the whole auto sector. I don't think it will be as easy moving forward but tires do wear out and people buy new cars so it's a great company to buy on the dip. We used to own them at $10, then they got expensive - it's hard to love them at $30 but it is a good price.
Since you can sell the 2020 $28 puts for $4, that's free money (as $28 is a great price anyway) and then you can use that to buy the 2020 $25 ($7.85)/$35 ($3.30) bull call spread at $4.55 and then you are in the $10 spread that's half in the money for net 0.55. That's so good we should do 10 of them in the LTP! That makes the upside $9,450 (1,718%) at $35 in 2 years and worst-case is you own the stock at $28.55.
