Today the struggling HPE was upgraded by BofA from hold to buy. The stock reacted positively and the upcoming buy of JNPR could help HPE to get back on track.
2012 the company had sales about 60 B, nowadays only the half. Nevertheless HPE is a big name in the industry and the acquisition of JNPR may help this stock (although bought through debts).
In the last +10 years HPE was always profitable and maybe it is the right time to buy now. We will see if this trade will play out, so we decided to buy and sell covered calls.
We sold our calls @22 Mar21´25 and @23 Feb21´25, time will tell.