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

[crimsonghost747]

(02-10-2021, 10:13 AM)crimsonghost747 Wrote:

(02-10-2021, 10:00 AM)Otter Wrote: Posted this on what are you buying today thread the other day, but selling cash secured LEAP Puts on PLTR (I went with $25 strike, January 2022 expiry) generates ~24% return immediately just on the premium. Worst case scenario, you own PLTR at an adjusted cost of $19/share (~50% off from today's prices) in a little less than a year.

I will probably be copying this. Sounds like a pretty good deal.

So, I ended up making this move today.
Same expiration but I got the $20 strike.