👍

@AyKing
I opened $GOOG 20240531 160.0 PUT$ ,GOOG reported good earnings and is well received by the market. While waiting to harvest my another bull call spread setup, I have decided to explore selling put. From the daily chart, $160 looks like a level of support as there are 2 peaks formed recently. In the option chain, the delta is 0.14, which means lower probability of reaching $160. Therefore, I have decided to select strike price of $160 with about 36 days to expiry.
I opened $GOOG 20240531 160.0 PUT$ ,GOOG reported good earnings and is well received by the market. While waiting to harvest my another bull call spread setup, I have decided to explore selling put. From the daily chart, $160 looks like a level of support as there are 2 peaks formed recently. In the option chain, the delta is 0.14, which means lower probability of reaching $160. Therefore, I have decided to select strike price of $160 with about 36 days to expiry.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet