Is WBA worth the risk say 500 shares?

I wouldn't touch that stock. The entire Drug store industry is a mess. The only positive is an aging demographic that will need more pharmaceuticals but there are fulfillment models emerging that don't require a trip to the store.

It looks like they peaked in 2015 and been a decline since then





It is for sure not a long term hold, but might be able to flip a little profit.

Walgreens is DOA

Absolute dumpsterfire of a company and there is constant turnover in the executive department

They don’t how to get it back on track and they lose so much money on prescriptions

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Or is Walgreen's goose cooked and this is a falling knife eventually going into bankruptcy? Don't know anything about their future outlook but it looks tempting at least on the surface at $8.80 share.

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Make an automatic $115 by selling cash secured puts on the 7.5 strike price for 17 January 2025.
These contracts, which represent 100 shares each are going for .23 so they cost 23 dollars to buy. You, however, would be selling them. $23 x 5 contracts (500 shares) = $115

That way, if the price does drop to 7.5 and you get assigned the 500 shares through your 5 cash secured put contracts, then you can subtract $115 from the price you paid. So you effectively only paid $7.27 for the 500 shares.

If the price climbs higher from now, then you simply made $115 on $3,750 cash that you've set aside for just 45 days. Or, an automatic 3.06%

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500 shares?

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How can anyone possibly know this as pertaining to your own financial situation?

Stock pop is ludicrous. The fundamentals of this business are not good. PE isn’t saving it…