I am recommending we roll our Walt Disney (DIS) put out one week to buy ourselves some time and generate more income.
Current Stock Price: $107.28
Net Debit: $14.20
Action:
- Buy to close the DIS Jun Week Two (6/10) 107 Put for around $1.10
- Sell to open the DIS Jun Monthly (6/17) 107 Put for around $2.18
- Set initial credit limit at $1.08, but adjust as needed to roll today
New Net Debit: $13.12