We were called out of our Walgreens Boots Alliance (WBA) shares last week, incurring a net debit on the position. I am recommending a put to sell to reduce that net debit.
Current Stock Price: $47.23
Net Debit: $4.59
Action: Sell to open the WBA Apr Week One (4/1) 47 Put for around $1.65, but adjust as needed to sell a put today
New Net Debit: $2.94