Option Strategies: AMD, PYPL, ENPH, SOFI, MANU& TSLA
Hello everyone! Today I want to share some option strategies with you! Hope it can be helpful to you!
Our optionselling plan for this week:
Current Sep 29 positions:
- $Advanced Micro Devices(AMD)$ 99p and 96p (cash-secured & margin) = letting sit to see if it will expire worthless or we can buy back for profit, will roll if necessary
- $PayPal(PYPL)$ 62c (covered) = letting it expire worthless or will happily roll position if PYPL is trading above 62 Options to sell for Sep 29 expiration:
- $Enphase Energy(ENPH)$ 135c (naked)
- $SoFi Technologies Inc.(SOFI)$ 9c (covered)
- $Manchester United PLC(MANU)$ 21c or 22c (covered)
- $Tesla Motors(TSLA)$ 265c (covered)
- $Tesla Motors(TSLA)$ 225/200 put spread
- $Alphabet(GOOGL)$ , $Amazon.com(AMZN)$ , $Apple(AAPL)$ , $Block(SQ)$ = tbd Playing these earnings trades for Sep 29 expiration:
- $Costco(COST)$ iron condor, sell 500p and 600c for the spreads
- $Micron Technology(MU)$ , $Nike(NKE)$ , $CarMax(KMX)$ , $Carnival(CCL)$ , $Accenture PLC(ACN)$ = follow us and stay tuned for the trade ideas this week
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