Kel1
07-29

L

@Terra Incognita：
I closed $Abercrombie & Fitch(ANF)$ ,ANF: bought in 100 shares of ANF as part of cash secured put that went in the money at expiry. The strike selected was $157.5 and ANF went down a fair bit in recent week and this is good for my trades, after buying these shares I’m still net short on ANF and look for it to further come down in coming months. In the meanwhile, I’m continuously selling cash secured puts at lower strike to averaging to cover my shorts.
I closed $Abercrombie & Fitch(ANF)$ ,ANF: bought in 100 shares of ANF as part of cash secured put that went in the money at expiry. The strike selected was $157.5 and ANF went down a fair bit in recent week and this is good for my trades, after buying these shares I’m still net short on ANF and look for it to further come down in coming months. In the meanwhile, I’m continuously selling cash secured puts at lower strike to averaging to cover my shorts.

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