#SyntheticStock – Really liking the weekly premium in this thing. Setting up a synthetic out to next Jan.
Bought Jan 2019 95/95/92.5 Synthetic Stock @ 8.90
Max loss of 11.40 with 44 weeks to run so need .26 per week to cover…
So:
Sold DG MAR 23 2018 97.0 Calls @ .80
As for the earnings strangle I’m completely out now for 1.70 (sold for 1.79)