I closed
$WBA CALENDAR 250131/250124 PUT 12.5/PUT 12.5$ ,
I rolled over my sold cash-secured put option on Walgreens Boots Alliance (WBA) to a later maturity date. Despite the stock dropping 9.19% to $11.37 following a Justice Department lawsuit over alleged unlawful opioid prescriptions, I see potential for recovery. The market’s reaction seems overblown, and I’m banking on stabilization as Walgreens addresses these legal challenges.
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