09-08-2020, 01:43 PM
(09-08-2020, 01:21 PM)vbin Wrote: Anyone looking at WBA? The management seems to be taking a number of steps to steer the business.
Sold a sep 25th XLE put, strike $30.5
WBA is on a 5-year price downtrend during a bull market. I'm going to need a catalyst that points to things turning around before I stick any more cash into my position.
Its earnings don't look nearly as bad as its price, so maybe there's some value there, but the market clearly doesn't like the stock.