Today’s trading focused on two stocks, ARKK and F, with a strategy of selling puts for both.
ARKK
I sold 1 ARKK put option contract with a strike price of $44, expiring on October 25th. This was a short put strategy, aiming to capitalize on potential price stability in ARKK or a potential increase in its price. The premium received from selling this put was $0.49 per share. The position is still open, and I plan to run it until expiration.
The option is behind a large OI wall, so i see it very likely, that this one can expire out if the money.
F
I sold 1 F put option contract with a strike price of $10, expiring on November 15th. This was also a short put strategy, aiming to benefit from a potential rise in F’s share price or its stability around the $10 mark. I received $0.38 in premium for selling this put. This position is still open, and I intend to let it run until expiration.
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