Bull Put spread on spike in volatility - The Anty strategy

24 Haz 2020

I think with the slightly over-cooked sell-off into an area with high volume trading activity should be price
stabilize. This is a strong company with good projected income potential over the next few years. If I was forced to buy it via exercised then I could live with that.
In the meantime - I can pick up a credit at close to 'at-the money' and see what happens....it just has to expire in 3 weeks above 18.00 before I'd need to consider 'rolling down & out ' etc
The volatility spiked up about 7 % which means the options premiums will be slightly fatter,
and there is only 15 trading days left before expires for time-decay to work it away...

This is "the Anty" strategy - adopted a bit longer for options

16 Tem 2020

İşlem kapandı: hedefe ulaştı

options I sold expired worthless today - so I kept credit paid $500