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Re: bbotcs post# 113948

Thursday, 06/27/2024 4:59:59 PM

Thursday, June 27, 2024 4:59:59 PM

Post# of 114321
WBA -3.47 to 12.19, up 4% from the afternoon low of $11.68 ..... maybe that was the bounce ? Div is now over 8%, but they'd be wise to cut it. You could buy the stock and write the June 2025 $12.5 calls for $2.20 bringing your cost basis down to $9.99 .... maybe it's a bargain at that price ??? However with the business in a downward spiral it's risky and I'm staying away. I should have gone short at $14.80 this morning for a quick same day gain.

CCL is up a lot the past 8 months, but might still be a buy. Cruising is seeing heavy demand.

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