Block Inc (SQ)

This is by far and away the more obvious Buy that there is. It really appeals to small merchants. This makes a lot of sense. There is a lot of growth and a potential buyout.

It is up about 180%. He loves it and he loves the mobile payment universe. It would be a takeover target. It is going higher.

This is a financial services company. He really likes their business model. It is making inroads with a lot of small businesses, because they are more cost-effective than running the normal credit cards through. He is doing a Covered Write on it. The premiums are quite rich on it.

A smaller fin-tech company. It is an instant payment system for credit cards using cell phones. There has been tremendous growth. They are doubling each year. They are coming out of the investment phase. The earnings are taking off. Don’t sock a whole ton of money into this name.

He really likes financial technology, which is a space that is going to continue to consolidate. The number of small businesses that are using Square is burgeoning. Technically, the stock is set up really well. He would have no problem owning this.

Sell: Square Sept 24 calls at $10.

Sell: Square Sept 24 puts at $10.

This just reported on Thursday and missed expectations. You are trading off volatility. He is taking a position in this, which is trading at $10 a share today. If he starts with 100 shares, he is either going to own 200 shares at an average cost of $8.10. If it stays the same or rises, he is going to make 32% of his money over the next 4 months.