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Sunday, January 12, 2025

Top Trades for Thu, 28 Jun 2018 10:24 – WBA

WBA/Jomp - Wow, so silly.  WBA already delivers to you if you choose but PillPack is the future and they'll have to respond to that now, more so than putting it off.  Unless AMZN is going to swallow the co-pay - I don't see what their competitive advantage is going to be and the disadvantage of not having an actual pharmacist to talk to doesn't seem like it's going to work to me - though they'd be smart to drive people to Whole Foods Pharmacies if they can get that going.

WBA is costing the Dow about 50 points this morning and $60 is a great entry point.  We added them on 3/29 in the LTP with 20 2020 $60/75 bull call spreads at $6.75 ($13,500) and sold 10 short 2020 $65 puts for $7.70 ($7,700) and that positioon is down about $2,000 at the moment but I still like the targets so great for a new entry and, in fact, let's go with 10 of the $60/75 bull call spreads at $6 ($6,000) and 5 short $65 puts for $9 ($4,500) in the OOP as a new trade for net $1,500.

 

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