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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: alanrs who wrote (1671)	5/26/2016 12:00:14 PM
From: alanrs	Read Replies (1) \| Respond to of 2591

Bought another 100 shares of WDC at $43.70 net, don't know what I'll do with them. Now have 423.87 shares while short one Oct 45 covered call and two July puts (35 and 40). Haven't bothered with more math, stock is holding an imaginary trend line I've drawn, company out with guidance later today. Without knowing a thing about it I have to assume the guidance will be upbeat, it would be odd for them to come out and say the merger they just completed is really a bag of dung. Only the government gets away with Grubering people in such a direct way. We shall see what the market makes of it. ARS