kelly2128
09-02

Great article, would you like to share it?
@Terra Incognita：
I closed $IQ 20240830 3.0 PUT$ ,IQ: collected full premium from this cash secured put when it expired in the money and the stocks get assigned. The trade went south when Iqiyi’s earnings on 22nd Aug disappoints and market sold it down by about 30% to close at $2.15 now. Instead of rolling, decided to take on the stocks and sell call in coming weeks instead.
I closed $IQ 20240830 3.0 PUT$ ,IQ: collected full premium from this cash secured put when it expired in the money and the stocks get assigned. The trade went south when Iqiyi’s earnings on 22nd Aug disappoints and market sold it down by about 30% to close at $2.15 now. Instead of rolling, decided to take on the stocks and sell call in coming weeks instead.

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