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Simplifying Stocks, CPA
Crazy options play on $NEON
Sold 1x $NEON $15 put expiring 9/19 for $3.49 → $349 credit
In this setup, I’m agreeing to buy 100 shares of $NEON at $15 if the stock price is below $15 by September 19th. For taking on that risk, I collect $349 upfront.
That’s a 23.2% return in 24 days.
$NEON’s price as of today’s close is $23, giving me a 34% margin of safety to my $15 strike.
😏
If the price stays above $15 by the expiration date, the options contract expires worthless, and I keep the $349 credit I collected.
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Crazy options play on $NEON
Sold 1x $NEON $15 put expiring 9/19 for $3.49 → $349 credit
In this setup, I’m agreeing to buy 100 shares of $NEON at $15 if the stock price is below $15 by September 19th. For taking on that risk, I collect $349 upfront.
That’s a 23.2% return in 24 days.
$NEON’s price as of today’s close is $23, giving me a 34% margin of safety to my $15 strike.
😏
If the price stays above $15 by the expiration date, the options contract expires worthless, and I keep the $349 credit I collected.
tweet
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soken
"altseason must be delay"
"crypto are sale off"
"it's just a dip and pump back later"
"altseason isn't cancel, it just give us more time to buy the dip"
"dip is a gift" https://t.co/3E5RVYsdtG
tweet
"altseason must be delay"
"crypto are sale off"
"it's just a dip and pump back later"
"altseason isn't cancel, it just give us more time to buy the dip"
"dip is a gift" https://t.co/3E5RVYsdtG
tweet