On today's show we're discussing:

- WMT's latest guidance and buyback

- CVS/WBA getting annihilated

- The pros and cons of naked put writing

Today’s guests:

Will Rhind, CEO of GraniteShares (15:30)

- Will joins the show to give his breakdown of various commodities and how much allocation they should have in a portfolio

Nic Chahine, author of Create Income With Options Spreads (34:10)

- On his weekly appearance Nic breaks down why he's successful at put writing, and gives us a few options trades he's recently made

PreMarket Prep is a daily trading ideas show hosted by veteran traders Joel Elconin and Dennis Dick. The show airs live from 8-9 am ET every weekday at premarket.benzinga.com/pre-market-show/ and on iTunes, Soundcloud, and Stitcher.