On 11 September 2024, I executed a roll-over of two contracts of Walgreens Boots Alliance (WBA) $Walgreens Boots Alliance(WBA)$ call options, extending the maturity date from 27 September 2024 to 25 October 2024. This move allowed me to collect an option premium of USD 23 per contract. This strategy was based on Walgreens’ current challenges and long-term potential, despite its recent difficulties in the market. Market Environment and Rationale Walgreens Boots Alliance has had a turbulent 2024, with the stock losing nearly 68% of its value since the start of the year. The company's dividend reduction—after nearly five decades of increases—highlighted its struggles in a competitive environment dominated by onlin
How to use combo options to trade earnings season?
Combo options are option trades constructed from multiple contracts of differing options. Combo options enable more precise risk management techniques, offer the potential for higher returns, and reduce the margin requirement. ---------------- How do combo options work? Will you use combo options to trade upcoming earnings season?
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