CROX/8800 - Been a while since we played them.  They are a $6Bn company now - that's crazy!  Making about $550M a year so $6Bn is very fair but they sold off anyway.  I think they gave too good guidance and expectations were too high but nothing wrong with them.  Still, I'd let them find a bottom but this is a good entry point.

At the moment, we can:

• Sell 10 CROX 2024 $65 puts for $12 ($12,000) to net in for $53 - about half the current price.  
• Buy 10 2024 $75 calls for $40 ($40,000) 
• Sell 10 2024 $125 calls for $21 ($21,000) 

That would be net $7,000 on the $50,000 spread that's $20,000 in the money - so a good place to start.  Let's add that to the Earnings Portfolio, which has plenty of cash.

Also, in the LTP, let's sell 10 of those 2024 $65 puts for $12 - because who doesn't like $12,000?  

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