Option Strategies: FUBO, BB& COST

Selling For Premium
09-25

Hello everyone! Today i want to share some option strategies with you!

1.

We're 🎯 this optionselling strangle trade on $Costco(COST)$ :

▫️Sell-to-open cash-secured put, strike in the 850-870 range, Oct 3 expiration

▫️Sell-to-open naked call, strike at 1080 or higher, Oct 3 expiration

Expected move ~4%. Recent high at 1080 and the bottom of the volume cluster drops off at 850.

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2.

Am debating whether or not to take put-write trades on $BlackBerry(BB)$ and $Stitch Fix Inc.(SFIX)$ . IV is juicy ... and thus tempting. But, don't really want either of these stocks if assigned.

Maybe the best thing to do is just to sit it out. 🤷🏽‍♂️

3.

Was hoping that $fuboTV Inc.(FUBO)$ was gonna pump more this week, but looks like MMs/tutes are going to hold price action steady before the special shareholder's meeting next week.

Wrote covered calls yesterday at the $5 strike, Sept 26 expiry. Will not be writing CCs next week until after the meeting.

If FUBO drops more tomorrow, then will write puts at the $4 or $3.5 strike for Friday's expiration.

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