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

[fenders53]

(04-05-2019, 12:28 PM)crimsonghost747 Wrote:

(04-05-2019, 10:53 AM)fenders53 Wrote:

(04-05-2019, 08:06 AM)crimsonghost747 Wrote: Fancy indeed!
I sold another Tesla put @ $242.5

That sounds conservative to me Crimson.  It's amazing a put that far out of the money is worth the trade.  

Well. I can tell you one thing: I'm not going to get assigned on a tesla put!

Yeah the premium in yesterdays opening panic was nice enough. Strike date was April 12th. 
I just bought it back for $37 since I just can't justify holding onto a tesla put for a week for a small amount like that. Who knows if Elon remembers his twitter password again next week?! 

I think you're good unless Elon starts posting naked pics of the judge on Facebook.  And if he does, well then I guess Mike's butterfly trade is gonna work out just fine lol.  If Elon of Trump ever lose Twitter access I am going to buy Twitter puts with my entire retirement account.