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Alias Born 01/19/2012

Re: cue-master post# 36340

Friday, 01/29/2021 8:19:00 PM

Friday, January 29, 2021 8:19:00 PM

Post# of 37913
LEAPS Jan 2023 $250 strike PUT closed at$19,900.oo
200 closed at $15,700.oo
20 closed at $1,500.oo
10 strike@$470.oo

Long premium PUT trade requires price to move down WITH SPEED a lot of speed.

A mistake is buying this deep out of the money but if your proven correct it will make more percentage wise on premium at risk.

If for some reason this is not enough time, you will have to buy the 2025 when it losses most of it's time. Also buy more PUTS after this premium gets cut in half because price keeps moving up.

Eventually you will win.

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