Terry Tan
12-06
I opened 7 lot(s) $SOXL 20250103 24.0 PUT$  ,

Double red daily chart is a good indicator for me to sell cash covered put on this. So far 100% win rate with this strategy for almost 3 years now. First bullet out of three still not utilized so I can be bolder now.

SOXL PUT
12-06 02:50
US20250103 24.0
SidePrice | FilledRealized P&L
Sell
Open
0.72
7Lot(s)
-25.00%
Holding
Direxion Daily Semiconductors Bull 3x Shares
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Comments

  • DanTEOHH
    12-06
    DanTEOHH
    What does double Daily red chart mean?:)
    • Terry Tan
      Haha, that is my own term, it means continuously down for two consecutive days. That is normally the trigger for me to sell cash covered puts.
  • CINDYTAN
    12-06
    CINDYTAN
    q [Happy]
  • KSR
    12-06
    KSR
    👍
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