Conservative option strategies, what did you buy or sell today?

[vbin]

(01-24-2021, 08:07 AM)fenders53 Wrote:

(01-23-2021, 09:54 PM)vbin Wrote: How long far? I did burn some money on amazon recently. Volatility was too much. With a minutes 1k profit to 2k loss.

You just summed it up right there if the underlying is volatile like earnings can bring.  You can protect yourself further and of course give up the get rich quick part of it.  

And you get one warning point for posting this on the conservative options thread.

  kidding.

That was an agressive trade which I wanted to see if can be converted to less agressive, lol.

I think another way to play is just sell put on FB. The premium is ~ 4% for 1 week. I think this will go up( mutual funds buying agressive for earnings.). If the stock does drops, I am ok holding it for growth and then sell covered calls.