10-02-2020, 11:41 AM
(10-02-2020, 11:16 AM)fenders53 Wrote:I have a couple RTX puts too. Got 1 assigned last week and happy to keep it.(10-02-2020, 11:11 AM)vbin Wrote: Added some XLE in a retirement account. I have a put at $29 expiring today. I plan to take it if it gets assigned.
Who wouldn't? It can't possibly go any lower.
On the morning dip sold a strike 56 RTX that expires next week IIRC. I've been selling RTX puts down here most every week for awhile. IMO it's finding support short of a big market correction. I'm OK with the alternative long term if I am wrong. S-T still looks bleak though. Have a lot of cash so maybe next week provides an opportunity. Trying not to rush this. First week in a while I couldn't redeploy expired options money.