Subject: Re: DG on sale today
I tend to go for put writing when I like the stock, but it's not QUITE cheap enough to make me jump. ATD.TO might count on that front for me, as an example.
But I don't find that problem for DG at this juncture...upside looks very solid to me.
I bought some Jan 2026 calls. The implied interest rates are unpalatable at something like 6.4%/year, but hey, life needs entertainment.


I already own a decent sized position and some calls as well but would like to add more if I can get them cheaper, so why not add a bit of juice via puts? Sold some Jan24 $155 for $9.9, if they get excersiced I'll keep the stock, otherwise I get 16.8% p.a.