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Income Madness Trade Alert: DIS

Walt Disney (DIS) has continued to slide since its earnings miss last week and our DIS Nov Monthly (11/18) 98 Call is on track to expire worthless.

Shares are trading well below our cost basis. I want to see how the stock performs over the next week before deciding whether to sell another call or initiate a LEAP call recovery spread.

Current Stock Price: $91.43

Cost Basis: $127.19

Action: Watch call expire worthless

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