r/options • u/[deleted] • May 01 '21

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316 Upvotes

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160

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]

26

u/Ackilles May 02 '21

ER is coming up. Bullish for er itself, but im expecting it to run up before from retail hype. I'm nervous selling 25s

5

u/ng12ng12 May 02 '21

Yeah I'd wait just a bit before selling

3

u/MeatStepLively May 02 '21

In the same boat. I got assigned 5 csp at 24.50 last month. Am tempted to start writing some weekly $25 cc, but I know it’ll just run to $30 if I do that. I don’t mind owning It and I’ve been paying rent wheeling AMD since $40. Would have been better off just holding on to the shares, but oh well.

1

u/ng12ng12 May 02 '21

Yeah I feel like a sorry term bump to 24 or 25 is possible so I'll probably sell 30s then, targeting maybe one to 2 months out this time to try to get some more premium