Sold 1 ADS 05/01/2020 45.00 Covered Call @ 0.75.
Sold 1 ADS 05/15/2020 50.00 Covered Call @ 0.75.
Sold 1 ADS 05/22/2020 48.00 Covered Call @ 1.05.
The stock is at 40 after it’s earnings report.

“Alliance Data Systems (ADS) said Thursday that it booked Q1 core earnings of $0.75 per share, which is significantly down from $3.79 in the same period last year. Analysts surveyed by Capital IQ were looking for EPS of $3.84.
Revenue increased to $1.38 billion from $1.33 billion in the prior-year quarter. The CapIQ-compiled consensus view was for revenue of $1.31 billion.
The data-driven marketing and customer loyalty solutions provider said that it increased its provision for loan losses by $404 million, attributing over $300 million of the increase to the economic impact of the COVID-19 crisis.
Alliance said that it expects cost reduction measures to result in $150 million in savings, which will be recognized in FY2020. The company also suspended share buybacks and reduced the quarterly dividend to $0.21 per share, down from the prior distribution of $0.63, payable on June 1 to stockholders of record on May 14.”