Wow, we don't have WFM in the LTP and it's way down at $31.50?
Of course I could have said that for the past 4 months but the VIX is high and 2018s are out so let's sell the 10 of the 2018 $25 puts for $3 ($3,000) in the LTP just for a little Christmas spending money - I very much doubt it will ever trigger.
If you want to be more aggressive, you can pair it with the 2018 $28 calls at $7.50 and sell the $35 calls for $4.30 for net $3.40 so net net is 0.40 on that spread ($400) that returns up to $7,000 (1,650% on cash) if WFM is over $35 in 2018. Nothing wrong with that, right?


