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Barchart
Will Ashworth

Should You Try This Unusually Active Long-Term Covered Call with Foot Locker? Pros and Cons Explained.

It’s been two weeks since athletic footwear and apparel retailer Foot Locker (FL) announced that it would sell itself to Dick’s Sporting Goods (DKS) for $2.5 billion, including the assumption of $100 million in net debt. 

Foot Locker was already in a downward spiral when CEO Mary Dillon, former CEO of Ulta Beauty (ULTA), was hired in August 2022. 

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