Dear Reader, Herman Miller announced that, âOur Retail business led the way this quarter, with.. [afdaf3fd61bec5de782f6956499cf967c4d37d87][5ba6df09f6dbcb9ba8424d0bb0adfdd894b90fc3]
An Earnings Beat Sets Up a Trading Opportunity
[Options Profits Daily]
News Creates an Opportunity to Risk Less Than $200 for a Potential Gain of 177%
Herman Miller announced that, âOur Retail business led the way this quarter, with orders up an impressive 40% over last year. Demand was led by the Home Office category, which increased nearly 300% over last year. Consumers are also investing in their broader home environments, which led to positive year-on-year demand across multiple product categories, notably Upholstery, Outdoor, and Accessories.â
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The company signaled expectations that strength will continue by reinstating its dividend. The stock jumped on the news, but there are, as always, possible risks.
As we explain [in our latest article]( there are strategies that can benefit from news while considering risks of a reversal.
In the article, we explain in detail, one such [options strategy.](
This strategy is unique because it focuses on risk by limiting it to a precise level in dollar terms. In this trade, which we explain in detail, the risk is limited to $180 based on recent market prices.
Although this strategy focuses on limiting risk, it is still capable of delivering large short-term returns. We show how to find the exact amount of risk in dollar terms and we also detail the [potential gains of the trade which is about 177%,]( based on actual recent market data.
You will not want to miss out on an opportunity to lock in 177% gains. To learn more about this exciting, low risk opportunity, [click right here..](
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