Taking advantage of the dip to extract rich premium. Highly discounted stock with fair value of $165 and 5 star rating from Morning Star.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -1.10 3 | -- Holding |
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- VNW Capital·05-08TOPI got $1.1 for the $5 risk from the vertical spread, it's a good ratio. Worst case I can let it get assigned( sell the long put) and let the short put expire (maxing the collected premium) and get the great stock at a great discount.LikeReport
- VNW Capital·05-08TOPI got $1.1 for the $5 risk from the vertical spread, it's a good ratio. Worst case I can let it get assigned( sell the long put) and let the short put expire (maxing the collected premium) and get the great stock at a great discount.LikeReport
- HarryCox·05-06Morningstar’s rating is solid, but the premium angle sounds risky.LikeReport