What Did You Buy Today?

[fenders53]

(08-05-2020, 12:30 PM)vbin Wrote:

(08-05-2020, 12:25 PM)fenders53 Wrote:

(08-05-2020, 12:12 PM)vbin Wrote:

(08-05-2020, 11:39 AM)fenders53 Wrote: Sold another ROKU put and raised the strike price up $20 from the last one to $157.50 for a two day expiration.  Sold a FSLY put at strike 195 two day expiration.  Momo is fun when the bull is running. Another $735 cash I can use to buy boring DIV paying stuff with.

ROKU have earnings today. May be folks are expecting stock to fall or to the least that's why you are getting that premium.

It's been going on for awhile.  The stock can take a big hit and I'm good.  I'm OK owning it but I will roll forward if I need to until I like the entry price.  Premiums make it easy to roll the strike down weekly.

Well you do get 2% credit. That's almost ~ 1 year div for most of the spy enlistments.

Not bad for two days work.  Nothing is ever really free. Stock could get hammered 15% and I own it.  You always have to be comfortable owning the shares.  I wish my boring stuff would drop.  I'd rather buy it lol.