Why I Sold a Oct16’26 $600 Strike Put on $CASY

Weighing the risk/reward in this situation, I decided to write a 36 DTE put on $CASY

Hello investors! Today I sold a put on CASY 0.00%↑ after a large price drop following their earnings:

CASY 0.00%↑ is a new name that I have not talked about on this channel, but they have been on my watchlist for a while. CASY 0.00%↑ is in the general store category that operates convenience stores and gas stations in the midwest and other rural places. The P/E was in the 40’s before th…