Wednesday, October 20, 2021

2 option puts

 Sold 3 NIO puts at $38

after selling, the price dipped

the premium is around 1.2%


also sold something new

SHAK

they dropped today by around 6%

PS and market cap wise is quite good

around PS of 5, market cap of 3 bil

and I quite like their business

they also had a profit in the previous quarter

sold puts that are 2 week away

for premium of 2.6%

which is quite good when compared to next wk

but realized that they releasing result on 4 Nov, 1 day before the expiry date

so i will have to make use of time decay

hopefully i can earn something before selling it away

also to add, 2 week away is better than 1 wk because of the strike price

1 wk away at around 30% delta is 70, 2 weeks away is 68.


LVS also releasing its result today

if it dips alot, I am interested

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