07-28-2021, 10:41 AM
Not so conservative but...............
IV crush is a beautiful thing thing when you are selling. Sold an ENPH put yesterday for 5.74 expiring in 10 days. About $17 out of the money IIRC. I was a directionally wrong and just bought it back for 1.50 this morning. Of course I took some risk holding it through earnings but researching my holdings is my friend. Sold my other ENPH put but I had to hold that one for a week for a similar outcome.
IV crush is a beautiful thing thing when you are selling. Sold an ENPH put yesterday for 5.74 expiring in 10 days. About $17 out of the money IIRC. I was a directionally wrong and just bought it back for 1.50 this morning. Of course I took some risk holding it through earnings but researching my holdings is my friend. Sold my other ENPH put but I had to hold that one for a week for a similar outcome.