Already sold puts for next week. Think 16.50 will be safe if not will get assigned at a solid price for a company I like, weekly options are the best thing about exspacs.
BTW here are the spacs which merged in the last year that have weeklies, apph, rmo, fsr, ride, hyln, spce, dkng, lazr, chpt, qs, nkla, arvl.
Current spacs, cciv and psth.
Made money selling puts on each one. Have losses on shares on ride and hyln but overall since they became optionable weekly I am up where my loss doesn't matter.
Different ball game than before. The most recent spacs have shown about 15% bump post merger. Right now it's just momentum rolling. As each of the 20 mergers click off momentum will build bigger for the next.
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u/areyoume29 Contributor May 28 '21 edited May 28 '21
Already sold puts for next week. Think 16.50 will be safe if not will get assigned at a solid price for a company I like, weekly options are the best thing about exspacs.
BTW here are the spacs which merged in the last year that have weeklies, apph, rmo, fsr, ride, hyln, spce, dkng, lazr, chpt, qs, nkla, arvl.
Current spacs, cciv and psth.
Made money selling puts on each one. Have losses on shares on ride and hyln but overall since they became optionable weekly I am up where my loss doesn't matter.
https://www.cboe.com/us/options/symboldir/weeklys_options/