Have you heard of Arlo?

December 02, 2020 - 11:02 am

Many people are not as familiar with Arlo, the make of wireless security cameras, as they may be with Ring - the smart doorbell and security accessories company that's owned by Amazon. The company was 'trending' because a wireless 4K version of their wireless camera was discovered on the Apple Store where it was being sold exclusively.

Arlo could be an acquisition candidate by either Apple or Google as both companies would likely make large investments to beef up their smart-home offerings. 

We bought the April 2021 $6 Calls on ARLO for $1.45 with the shares today trading around $6.10. We don't want to own the higher strike options as they'd erode in value much quicker on a pullback, so the $6 offers a good mix of rewards and safety.