fuzzballl 8:26 am on Friday, July 28, 2017
Tags: FallingKnife ( 963 )

WDC

#FallingKnife? – Been looking to get in this one at some point.

Ramie 8:43 am on Friday, July 28, 2017

Okay I’m in. Sold this put ladder:
$WDC Sep 15 77.50 puts @ 1.25
$WDC Oct 20 72.50 puts @ 1.35
$WDC Jan 19 60.00 puts @ 1.18
hcgdavis 8:52 am on Friday, July 28, 2017

This is one I trade every week.

It is easy to roll, can usually roll the weeklies down 0.5 each week for a credit. If not can then usually roll down 2-4 strikes on a 28 DTE for credit. Keeps it’s premium and easy to roll.

Cash cow along with TSO, SWKS (although its premiums have dropped a little), XBI, AAL and EXPE although it is getting a little pricey to trade. Weeklies or ladders work great on all these.

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