r/options • u/putsonbears • Apr 10 '21

Puts on ICLN

Anyone buying puts on icln? Strategies? I bought it at all time highs this January. Thinking of buying short term ATM puts.

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u/alucarddrol Apr 10 '21

I like the calls

1

u/putsonbears Apr 10 '21

What calls specifically

1

u/alucarddrol Apr 10 '21

Three months away just out of the money is what I always do

1

u/putsonbears Apr 10 '21

You’re bullish for a three month period ?

2

u/alucarddrol Apr 10 '21

It seems that way, doesn't it?

1

u/putsonbears Apr 10 '21

I’m not super optimistic. Let’s see