Western Digital Stock (WDC) Trade Repairs – Jun 26 2019

Western Digital Stock (WDC)

I have received a number of emails and tweets wondering about repairing trades in Western Digital Stock (WDC). For those members, I am working on a larger article but I thought with the stock popping today and the recent upgrade on the stock by two analysts, I would quickly post some information.

On the members forum one investor has asked for some assistance. This article should be of help is making decisions now that the stock is rising.

Investor Questions:

I have the Jan 2020 57.5 put that was rolled out and down from Jan 25, 2019. My trade price is $17.84 and it’s still ITM – to close, it would cost me $19.15 as of Friday’s close. I have already closed 3 contracts out at about $2,000 loss on each. Earnings is on July 25th and it doesn’t look very good. oz8888

This repair strategy article is for members. It is one thousand words and will need 3 pages if printed.

Western Digital Stock (WDC) Trade Repairs – Jun 26 2019





 

  Review All Quick Comments In Chronological Descending Order


Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.

Internal Stock and Option Trades Links

Portfolio Listing by Years

My Principal Stocks Index

Trade Ideas for Members

Trade Alerts for Members

Put Selling Strategies

Put Selling Strategies For Members

Covered Calls Strategies

Covered Calls Strategies For Members

Profit And Income Strategies Index

Stock and Option Strategies For Members

Stock And Option Trades Explained For Members

Ask A Question About A Trade You Are In

Visit My Shop

Join The Free Options Forum