Sentences with phrase «strike naked puts»
Not exact matches
You think it will stay flat or go up so you sell (short) 1 naked put option with a strike of $ 30.
https://www.borntosell.com/
Some investors have a hybrid strategy of selling naked puts until they are assigned (so now they own the stock) and then turn around and sell a covered call at the same strike.
If it drops much more I'll have to consider adding a new naked put, maybe at the $ 55 strike.
In March 2012, I sold a single QCOM naked put at the $ 67.50 strike while QCOM was trading at $ 66.25.
Selling the naked put at the same strike as my covered call, making this a straddle, guarantees me to have made the correct decision on one of the trades.
I should've waited longer probably, but decided that since I am only selling six puts that would cost me around $ 5,125 (subtracting the premiums I received) I could sell covered calls if assigned while also selling new naked puts at a lower strike to dollar cost average down some and reduce my per share price.
More likely I'll do the $ 50 strike and then add in some new USO naked puts.
This realized gain doesn't include the DIS October $ 95 naked put profit of $ 220.48 I took when I rolled the strike up to the DIS November $ 100 put.