Trade Findings and Adjustments 06-27-2024
Keve Bybee – keve@hurleyinvestments.com
What are we looking at?
– Holding on to protection for tech stocks (AAPL, NVDA, MU)
– PCE numbers coming out tomorrow so likely will hold on to any
protection I have
WBA (Walgreens)
– Suffered losses from poor guidance
– Over-sold and may have a dead cat bounce
– Look for that as an opportunity to buy puts out for 6 weeks or so to
profit from a bearish move
GOOGL trade
– Covered call?
– Earnings around 7/23 (estimated)
– So maybe 3 weeks?
– Out before the earnings
– Might make a couple percent.
– Look at 190 or 195 strike
