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Conservative option strategies, what did you buy or sell today?
(03-05-2021, 10:30 PM)fenders53 Wrote: VBIN I know you roll puts sometimes.  Listen to this Hail Mary.  So maybe 6 weeks ago PEP hit 148 and I was pretty  sure earnings wouldn't be good enough.  So I sold my shares, then sold a strike 146 for some good premium.  PEP steadily drops.  I walk the put down every week and grab a little more premium.  I get it to strike 141 in about a month.  Expired today so I bought it back for $1100.  Ouch I am down about $700.  So I sold an at the money put in ENPH on the hard dip today for $1140.  Looked real good a couple hours later when it ran and put dropped to $600.  If ain't MAR 19th yet so I'll let you know. Smile  I like ENPH but damn it's volatile lately.

And the $1140 put is worth only $99 just five days later so I just closed it.  Probably expire worthless actually, but then again ENPH price range swing has been $50+ the past few weeks.
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Messages In This Thread
T puts ? - by john - 03-17-2020, 09:33 AM
RE: T puts ? - by fenders53 - 03-17-2020, 10:32 AM
RE: WEN options update - by john - 03-23-2020, 09:53 AM
RE: WEN options update - by fenders53 - 03-23-2020, 10:40 AM
RE: Conservative option strategies, what did you buy or sell today? - by fenders53 - 03-10-2021, 09:57 AM



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