Not sure if it's semantics but I use
terms "covered put" when cash is there and "naked put" when cash is not there
Just nosy, are you rolling those 22 puts each week? I use sinkorswim when I rollover options. It's kind of fun making some money when you're underwater.
You're a bit more aggressive selling puts than I, for example, last week I sold 17 strike, the week before I sold 18 strike, I'm looking for singles, not home runs. I do use your rules about the money there when selling the "naked puts".
I'll make the same suggestion to you as I did to STS, check out NVAX I like the premium you're getting on selling the puts, the only problem with NVAX is they do not have weekly's. They have options on this two dollar stock because like AMRN, it has had it's own troubles with the FDA (it use to trade well north of current share price) unlike Amarin, NVAX's troubles were there own making. Please do your own DD, I strongly believe you have to like the company before you sell naked puts. I'm very long this company. Good Luck
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