$APP 20260109 620.0 PUT$ It has been nearly a month since I was assigned my short position on APP, and I have been aggressively selling Cash Secured Puts with strikes set just below that entry to manage the trade. While the premiums I have collected so far have been more than enough to offset the interest accrual on the short side, the underlying stock hasn’t quite cooperated with my goal of taking assignment to flatten the position. Every CSP has expired worthless, leaving me still short as the stock holds its ground. I am still looking for APP to continue chopping sideways in this range until a fresh catalyst emerges, which most likely won’t happen until the upcoming earnings report on February 11. Since I need to have this short position covered before that volatility hits, I will keep working the CSP angle to chip away at the cost basis and hopefully get that offsetting assignment in the coming weeks. It is a game of patience and timing as I mitigate the risk leading up to the earnings call. 
APP PUT
01-10 13:42
US20260109 620.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
AppLovin Corporation
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  • dong123
    ·01-12
    Solid strategy, mate! Keep chipping away with CSPs before earnings vol hits. Patience is key. [强]
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