Royal Caribbean sell put weekly for $28 with 0.22 premium
Wanting to have a piece of the tourism pie and think it roughly reached bottom $Royal Caribbean Cruises(RCL)$$SPDR S&P 500 ETF Trust(SPY)$$Vanguard S&P 500 ETF(VOO)$
Maybe one will be better to have a $5 buffer at $28 put in the event u do not get the share u eat 0.22 times 100
If u get the share is $5 of discounted price
Sell
When you sell a put option, you agree to buy a stock at an agreed-upon price.
Put sellers lose money if the stock price falls. That's because they must buy the stock at the strike price but can only sell it at a lower price. They make money if the stock price rises because the buyer won't exercise the option. The put sellers pocket the fee.
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