What Did You Buy Today?

[NilesMike]

(02-14-2019, 02:44 PM)fenders53 Wrote:

(02-14-2019, 02:05 PM)NilesMike Wrote: I sold a 45 put as well. I don't think KO drops much below that, there is a ton of support around 46

(02-14-2019, 11:22 AM)fenders53 Wrote:

(02-14-2019, 10:15 AM)divmenow Wrote:   

Also sold a KO put today on their earnings report.  It's getting closer to the price I would like to enter.  I've waited a long time.

Get a spine and sell a strike 46 KO put with a real premium.  I'm a little disappointed lol.

Just kidding of course Mike, selling an out of the money KO put is like investing in CDs.  You can't lose in my lifetime.  I do approve of your boring option trades.  I do plenty of those myself.  Do we have to post account statements to make our forum friends see this is easy monthly money if you are careful?  

I only sell puts in stock I am willing to own, cash secured. I wait for them to be beat up a bit, so Implied Volatility kicks up a bit and we can get better premium.  Collected 3.5 dividend payments up front.