Replies to post #2653 on Rite Aid Corp (RADCQ)

[Porgie Tirebiter]

Same here, I've been heavy cash a few months. Part of that cash has been covering RAD $8 puts.

I've got a set expiring this afternoon. If RAD closes below $8 I have no problem getting converted, as I think $8 is a great opportunity in RAD.

If that doesn't happen at least September $8 puts will be worth something next Monday. I had been worried that I might have to go to $9 for Sept. or Oct.

I'm solid with RAD at $8. I'm a little bit "squishier" about buying RAD at $9.