27/11 Wishlist for selling cash secured put options for kweb at $26 take 0.25 or 1% monthly Sell put
Selling put options is a strategy employed by many big fund houses
and great investors like Warren buffet and banks like JP Morgan
For example kweb$CSI China Internet ETF(KWEB)$ etf was trading at a support of $25 in the past 32 weeks on 29 may
If one will to wait to kweb support one might be having its cash doing nothing
If one will to sell a monthly put at $25 from then to now one will already earn 1.25-$2 which is 5% to 8% for 6 months
This on case the strike price $26 one will earn 0.20 per contract For 35 days nearing 0.80% . Do take note one contract is 100 shares so 0.20 x100 = $20 of premium profit
However if stock will to drop below 26 I will be assigned 100 shares at $26 have to pay $26 x100 for the share .
KWEB (CSI China Internet ETF) Stock Analysis
1. Business and Industry:
* KWEB is an exchange-traded fund (ETF) that tracks the performance of Chinese internet companies.
* The Chinese internet industry is expected to continue growing due to the increasing adoption of technology, e-commerce, and digital services in China.
* Factors such as the growing middle class, smartphone penetration, and government support for the digital economy contribute to the industry's growth potential.
2. Earnings and Forecast:
* Specific earnings and forecast data for KWEB is not available in the provided information.
3. Recent Trends:
* Latest Price: As of November 27, 2023, the latest price of KWEB is $28.56 USD.
* Support Price: On November 24, 2023, the support price for KWEB was $27.40 USD.
do @Daily_Discussion @TigerStars @MillionaireTiger @Daily_Discussion do feature me for more posting of the various etf I am selling put and buying fractional on
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