KHC- long but divi cut stingsSold 2 short puts at the 32.5 strike for a buck each with 55 days to expiration. A 35% drop after an S.E.C. inquiry and a cut of the dividend could spell trouble for this trade but I will roll this one and take assignment if necessary. I am not sure if Buffet owns this one or maybe he is the one that sold today and dropped it like this? The yield on this stock is still higher than the 10y bond so I can get a little return for bagholding in this one. Wish me luck.