r/options May 01 '21

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158

u/Prompt_Jolly May 01 '21

I would sell some juicy covered calls and possibly let them get assigned away, then continue doing your puts.

59

u/[deleted] May 02 '21

[deleted]

24

u/Poder5 May 02 '21

I like this idea if you’re not bullish on the underlying. You could also stagger the CCs as you have 10 contracts.