03-27-2019, 03:44 PM
(03-27-2019, 02:14 PM)ChadR Wrote: Fenders, did you sell the strike price at 52.50 or 53.50? Can't find the $1.30 price for 52.50 only at 53.50. Like the trade, I think CVS is undervalued currently.
Yes I sold the 52.50 at about 10A this morning. I think it topped out at about $1.35 very briefly. I saw CVS stock was getting hit pre-market. Got the trade entered then waited for some sign it might stop falling. I try to resist the temptation to trade right at the open because it's a fool's game so often. In the end a buck won't matter with CVS. The option premiums should remain good for CVS for a while.