Friday, April 08, 2022 12:52:13 PM
As I stated on the record before, I had a reservation to buy QSR (Burger King, Popeyes, Tim Hortons, and Firhouse Subs) for $50 per share. Nice dividend and great value price on solid, stable brands. But because they jack around and drag their feet in China, it seems, I had to cancel that reservation 4 business days earlier:
10/27/21 Bought To Open 10 QSR Apr 14 '22 $50 Call(QSR) @ $7.72 Unassigned -7,725.10
But selling today 4 business days before expiration:
Sell 10 QSR Apr 14 '22 $50 Call Executed @ $9.5Apr 08, 2022 11:25 AM ET
While it is a net 23 percent profit to cancel the reservation, I'm very disappointed in the feet dragging here. The show is long overdue!
How in the heck did this culture become a super power? This is not balanced life. There is too much vacation time and too little work. I see our agents getting back massages, and their nails done. But no work this week....
And, no, that $50K is a fine for their transgressions. That is a separate bill, which I'll be sending to Wang Fei directly...
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