sansCervelle
2022-03-26

i have been selling csp strike 8 expiring in 6 mths. if it get exercised, im happy to buy the stock at $8. if not, i keep my premium and continue selling more csp. this is not any textbook strategy because it doesnt look that good. im locking up 4.8k for 6 mths to gain $120 in premium.

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Comments

  • DonnaMay
    2022-03-26
    DonnaMay
    Hope you can get it for $8.
  • mster
    2022-03-26
    mster
    Thats about 6 lots. Havent been thinking of doing that but at a shorter date as i dont wanna lock up my fund for too long.
    • sansCervelle
      sure. its an experiment im doing. puts at strike 8 wont be available for long if pltr keep moving up.
  • BellaFaraday
    2022-03-26
    BellaFaraday
    Looks like your strategy is still good.
    • sansCervelle
      its relatively low risk and super low reward. no one recommends this as arguably there are better things to do with 4.8k in 6mths.
    • Ahsiang
      Ok
  • Maria_yy
    2022-03-26
    Maria_yy
    Are you trading with options?
  • sansCervelle
    2022-03-27
    sansCervelle
    im not selling 6 lots at the same expiry date. rather, i spread out the lots over 6 expiry dates, the longest being 6 month later.
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