WHR/Baron, Albo – I'm liking them more if Kenmore is still being made by WHR.  That makes this fairly inconsequential.  I imagine that 3% number is correct for the WHR brand but Kenmore is huge, hard to imagine they are including that.   

Anyway, this is what we call and Option Opportunity so let's take advantage of the sell-off and sell 5 of the WHR 2019 $130 puts for $7 ($3,500) in the OOP and, in the LTP, let's sell 5 of the WHR 2019 $155 puts for $15 ($7,500) and see how things go.  

T/Jasu – Yes, waiting to see how the merger ends up.  Nothing wrong with taking a poke here but you may be stuck with old options if they re-issue, and you know how annoying that is.

GILD/Lunar – Well, they are up over 20% since our bottom at $65 and we have a 3/4 covered 2019 $60/75 bull call spread and short $65 puts so my thoughts are I'm very happy with that – it's already up $20,000 our of $30,000 potential and, if they dip on some earnings disappointment, I may want to get more aggressive but most likely they will be over $85 after earnings.  

As a new play on GILD, I like the 2020 $75 ($15)/$90 ($9) bull call spread at $6.  You can buy 10 of those for $6,000 and sell 5 of the 2020 $65 puts for $6 ($3,000) to net into the longs at $3,000 with a $15,000 payoff at $90 and a $12,000 profits (400%).