T currently trading @ ~$33
Selling April 17 T put @40 strike are $7.50
Selling Jun 19 T put @40 strike are $8.00
T hasn't traded above $40 in three years the 20 year chart only shows it above $40 a few times.
This would be "chasing premiums scenario"
However if you got assigned it would mean the market vastly improved?
Please critique my theory
edit to add I own T already mostly purchased around $33
Selling April 17 T put @40 strike are $7.50
Selling Jun 19 T put @40 strike are $8.00
T hasn't traded above $40 in three years the 20 year chart only shows it above $40 a few times.
This would be "chasing premiums scenario"
However if you got assigned it would mean the market vastly improved?
Please critique my theory
edit to add I own T already mostly purchased around $33