Options Update: How to Play Walgreen

The video discusses Walgreens' upcoming earnings report, highlighting a bearish outlook based on historical performance. The speaker suggests a trading strategy using put spreads to capitalize on expected stock movements. Additionally, the video covers market conditions and the impact of time decay on options trading, especially during a shortened trading week.

What is the historical performance of Walgreens over the past eight quarters?

• Bullish with consistent gains

• Volatile with equal ups and downs

• Bearish with frequent sell-offs

• Stable with no significant changes

Why does the speaker have a bearish outlook on Walgreens?

• The stock is expected to close higher this week

• The broader market is moving lower

• The company announced a dividend cut

• The stock is expected to close lower despite a market rally

What trading strategy does the speaker plan to use for Walgreens?

• Holding the stock long-term

• Buying put spreads

• Selling short

• Buying call options

What is expected to happen next week that will affect options traders?

• A surge in trading volume

• A shortened trading week

• An increase in stock prices

• A new earnings report

How will the shortened trading week impact options traders?

• It will accelerate time decay

• It will have no impact

• It will increase volatility

• It will slow down time decay