Terra Incognita
05-21
I opened $SOFI 20240607 7.0 PUT$  ,SoFI: collect 2.4% premium for this Cash secured put on SoFi. The strike was again set at $7 and contract will expire on 7th June which is 17 days away. So far the support level had been holding. However, they seemed to be weakened by 2 weeks of Fri closing below $7 on 3rd May and 10th May resulting in stocks being assigned before the stock price goes back above $7 the following week. Moving forward, might shift support level to $6.5 for better risk control if the premium still makes sense.
Trading Order
SymbolSidePriceFilled time
SOFI PUT
US20240607 7.0
Sell
Open
0.172024-05-2122:33:12
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