John Kmiecik is the head options instructor for ÃÛÌÒ´«Ã½ Taker Mentoring, and co-author of the eBook 3 Secrets to Making Money in Any ÃÛÌÒ´«Ã½. Get your complimentary copy of his .
The discount retailer is making all the right moves, and its stock is approaching blue-sky territory. This long-call play looks to capture a chunk of that upside.
Having just moved from the MidCap 400 to the more elite S&P 500, PETM could do even better. This covered call option strategy can tap that possibility.