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nbm16yankees

08/17/22 9:42 AM

#789 RE: leemalone2k3 #788

Haven't been on the board in awhile.
Just curious what you think of selling Jan 20, 2023 2.5 Puts at 80/85 cents?
Or do you think a different strike price would be a better play?

And just confirming what I think I know.....
If it closes above the strike price on that date, I keep the premium
If it closes below the strike price on that date, I own the stock unless I buy puts back
at whatever price.

What if it closes AT the strike price?

Thanks in advance....

antman

09/20/22 8:00 PM

#793 RE: leemalone2k3 #788

Are you still holding? It just drops and drops