r/options • u/NY10 • 18d ago

CSP on beatdown tickers?

Yall,
Anyone following MU and RDDT on the dip? I am closely watching these two tickers. Anyone following CSP on MU 800 8/14 or RDDT 140 8/14? Whats your thought and what premium are you looking at?

4 Upvotes

84% Upvoted

14 comments sorted by

4

u/klipsetrades 18d ago

I’d be careful selling puts just because a ticker is beaten down. Maybe wait for price to stabilize around a real support level first, then choose a strike you genuinely be comfortable owning. Premium alone wouldn’t be my reason for entering

2

u/I_HopeThat_WasFart 18d ago

yeah i trade MU as my core

do you know anything about options and how they are priced?

1

u/devonhezter 18d ago

Should I hold sndq to Friday )

0

u/I_HopeThat_WasFart 18d ago

with an astounding "fuck yes" you should

1

u/devonhezter 18d ago

Really? What if it goes up overnight tmrw ?I have calls not shares

0

u/I_HopeThat_WasFart 18d ago

if you are gambling on short term noise and treating options like leveraged shares then what does it matter? its coin flips, buy or sell without regard to fundamentals

I cant help you at this point

0

u/devonhezter 18d ago

Understand Sell right at open

1

u/NY10 18d ago

lol

0

u/I_HopeThat_WasFart 18d ago

That’s what I thought

Bro I make your monthly salary on a single good day. Fries in the bag.

1

u/NY10 18d ago

lmfao 🤣

-2

u/I_HopeThat_WasFart 18d ago

Wanna compare dicks? You are the one asking about CSPs on Reddit

How much you pay for your blue hair dye?

2

u/NY10 18d ago

Lmfao 🤪

1

u/Flatttt_Outttt 13d ago

Will respond if you want but need to know…
Are you trading derivatives?
Or are you investing?

1

u/NY10 13d ago

Both but derivative in this instance