NicolLim
2021-07-27

$SKLZ 20210813 14.0 PUT(SKLZ)$doing another sell put. Either to get the premium only or hold another 100 shares at 14.0 to average the share price I bought before.

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Comments

  • shmdsoong
    2021-07-27
    shmdsoong
    Should wait market open only do the sellput better?
    • shmdsoongReplyNicolLim
      I hope after tonight will back to around 18.5. Otherwise this is leeks stock that should not be recommended in 1st place by teacher
    • NicolLimReplyshmdsoong
      to avoid leverage risk, i think u better to have enough of cash to own the share of yr contract before u do any upcoming sell put.
    • shmdsoongReplyNicolLim
      Possible to do 2nd or 3rd sell put if cash only enough for 1 entry to earn premium? Because now is really good time. Even if exercise I have backup cash. But earn extra premium is good
    • NicolLimReplyshmdsoong
      not yet, Jerry haven't exercise it.
      on 13 Aug, if price below 14, it will automatically exercise by tiger. if price above 14, nothing will happen, only the premium u keep before is with u.
    • shmdsoongReplyNicolLim
      Yesterday it ady reached 14. So u ady owned the stock now or need to follow contract till it exercise on 13 Aug? If 13 Aug price reach 20. Will the option being exercise? I also sell put exp 3rd week
  • NicolLim
    2021-07-27
    NicolLim
    hmmm. should be fine to do so.
  • vinnography
    2021-07-27
    vinnography
    lets go
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