WBA Earnings

Diagonal Credit Spread
Sold to open WBA Jul 10 2020 40.00 Puts @ $0.43 / Bought WBA Jul 17 2020 30.00 Puts @ $0.02 for a 0.41 net credit.
#Earnings tomorrow.

WBA is 42.60 and has a nice divvy and is not all that far from the yearly low.

If the short put goes bad, I can roll it at least once because the throw-away long position is a week longer.