🌟🌟🌟Following the historic breakthrough and the unwinding of the US Iran naval blockades, the market is up like a rocket to the moon.
If you do not currently own $Amazon.com(AMZN)$ shares but want to accumulate shares, a good options strategy is to sell a Cash secured Put. This strategy lets you get paid upfront cash to wait for a discount.
The Steps to take:
You commit to buying 100 shares of Amazon at a specific lower price that you choose (the Strike Price) within a specific timeframe (30 days).
You set aside the exact cash required to buy those 100 shares to secure the trade.
Another investor pays you are guaranteed cash fee (the Premium) today for making the promise.
2 Outcomes:
A: The stock stays flat or rallies. You keep 100% of the premium paid.
or
B: Amazon stock drops below your strike price. You buy the shares at your chosen discount.
@Tiger_comments @Tiger_SG @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments