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Income Madness Trade Alert: WBA

We accepted shares of Walgreens Boots Alliance (WBA) last week. I am recommending a call to sell to reduce our cost basis on the position. The goal is to capture income as well as potential appreciation.

Current Stock Price: $35.80

Cost Basis: $44.13

Action: Sell to open the WBA Sep Monthly (9/16) 37 Call for around $0.25, but adjust as needed to sell a call today

New Cost Basis: $43.88

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