What I Am Buying Today.

[fenders53]

(10-25-2021, 03:22 PM)Mr1share Wrote:

(10-25-2021, 03:03 PM)fenders53 Wrote: Sold two puts each in HAS and FB expiring Friday.  Huge premiums and expiring Friday, way out of the money.  I'm OK with owning 100 shares each of both but 200 not so much. We'll see how it goes when earnings come in shortly.

Looks like the FB one isn't working out for you 

HAS will be a good one. I can see that name being down $8-10 on a warning.

Today I added some TLT

You may not have a full understanding of options and IV crush when earnings drop.   If FB falls to 310 I will have to roll forward.  But it's more likely I just run tomorrow with $700 fof an overnight trade and buy a couple shares of a div stock that will pay me every quarter forever.  We are a bit north of 310 at the moment.  I am hoping it drops some so I can add long shares.  Unfortunately that looks very unlikely.  HAS options are way out of the money so that should work out well enough.  I am good with owning discounted shares if not.