Replies to post #49492 on Options Wonderland

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Interesting, what about the NOV $39 puts ADP?

I am brand new to options so I don't fully understand but I'm trying to get it. To give you an idea, these 2 trades were my 5th and 6th options trades ever (I'd imagine you have made 1000s..) Only 4 of 25 contracts filled at 45 cents so I may grab some more in the 40-50 cents range tomorrow if available.

I'm gonna look into that put spread strategy. For now I just go by what I believe the underlying stock will do...

Thanks for the response though!