FB will announce its corporate results after the bell today.
It's a good idea to sell 2 put options with $ 177.5 Strike Price and expiration date on 8th of May 2020.
So we have a -8% distance loss and if the price is above $177.5 at expiration we will receive Premium around $320. But if it falls below, we will be able to buy the 200 shares at a lower price as FB has prospects in the future.
It's a good idea to sell 2 put options with $ 177.5 Strike Price and expiration date on 8th of May 2020.
So we have a -8% distance loss and if the price is above $177.5 at expiration we will receive Premium around $320. But if it falls below, we will be able to buy the 200 shares at a lower price as FB has prospects in the future.