Replies to post #569 on 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.

[big-yank]

I want to add my welcome back to Prudent Capitalist. I hope you will continue to add content and opinion to this message board. We have some solid discussions, here, but more participation can only broaden and improve the investment value of our discussions, whether pro or con.

Thanks for joining and enhancing the conversation.

Yank