Monday before the close I set up a July 39/38 credit put spread in WFM.
I started looking a WFM on May 7th after it's poor earnings report. The stock took a real beating, so I was hesitate to jump in until it found some sort of bottom. Recently it seems that has happened. Back on June 4th Whole Foods gapped up moving from the $37 range all the way up to nearly $43 in the matter of a days. However, the stock has pulled back and I feel like the $39 level is a good place to initiate a bullish trade.
I played 10 contracts, collecting $390 of premium after commissions.