KO Put Entry
Buying 30 Feb 37.5 puts on KO for .80. This is a $2400 risk on an underperforming stock with earnings before options expiration. I have no stop on the trade and I am looking for the stock to retest, if not break, its November and December lows. Please note…this trade does not reflect a bearish stance on the broader market. I am not looking to put a lot of money to work on the down side.