I opened $ANF 20240913 145.0 PUT$  ,ANF: collect 2.9% premium from this cash secured put with strike at $145 which is 12% lower than current market rate. Contract duration is till 13th Sept for 18 days. Higher premium due to high IV ahead of earnings on 28th Aug. Have been accumulating shorts so these sold puts will cover them at lower cost average and profit some capital profits. If ANF continue higher post earnings, then will activate trade management to take in the potential losses.
ANF PUT
08-26 23:30
US20240913 145.0
SidePriceRealized P&L
Sell
Open
4.25+61.89%
Holding
Abercrombie & Fitch
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  • YoungYun
    ·08-27
    Nice strategy
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