Walgreens Boots Alliance Inc (WBA)

[Porgie Tirebiter]

Yep, never sold a share. I have however, been selling calls for quite some time now, and it looks like they are going to go next week.

I might buy half back and sell more calls on the remaining shares, and then sell puts against the cash. A strangle strategy. The problem with that is at the moment WAG has a relatively low implied volatility. We'll see. Either way, it's time to trim my holdings in WAG becasue I do think WAG has room to fall from here. I don't like the AB deal, and managment's floundering around as a Whole Foods wannabe while piling on debt. WAG's management ain't been keeping their eyes on the ball.

As for this board, it doesn't take a whole lot of moderating. It's one of the more intelligent boards on the whole I-Hub. Just let it roll.