Options Playbook Radio 130: WBA Backspread with Puts

We are going to look at a backspread with puts this week. You can find that on page 87 of The Options Playbook, on OptionsPlaybook.com, or in the Amazon Kindle version. Today, Brian discusses: A review of the MRO covered call from last week Making an adjustment based on new outlook Walgreens, which is merging with Rite-Aid, has earnings coming up What can we do with that? A backspread with puts What is the outlook? Setting up the trade What is the risk? Reward? How to stay out of the valley of death Do you have questions that you would like answered on the show? Send them to Brian at [email protected]