@Jo Ker:$Sea Ltd(SE)$ SOLD PUT WITH TARGET PRICE OF $40 ACROSS VARIOUS EXPIRY DATE BEFORE DECEMBER CONTRACTS YESTERDAY NIGHT. Hi all! I have sold put options with target price of $40 (neckline level of the double bottom) amidst the mini bloodbath yesterday night. I think it is a great options play. SEA is great value at current prices and l don't mind picking up much more shares at $40. Although, you need much more funds to sell puts, the premium you get if the puts expire before hitting the strike price is worth it. It is actually a very safe options play for such a value stock like SEA which will be a great buy at $40. You earn the premium if the stock do not retract to $40 within contract period and u get to buy it at $40 m