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ssuminski8 ssuminski8 SPY, D, Long ,
SPY: Walmart Diagonal Spread
98 0 1
SPY, D Long
Walmart Diagonal Spread

I like grocers as they will both hold up well if there is a bear market, and they benefit from low oil prices. Walmart has recently broken it's 55 day moving average on strong volume. Normally, I would just buy a long call, but because it was off today, I decided to go with a cash flow strategy of buying the JUNE 85 CALLS, and sell Weeklies against it starting ...

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