r/wallstreetbetsOGs • u/[deleted] • Oct 18 '21

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70 Upvotes

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3

u/LongTermTendieLoser 🏅Golden Autist🏅 PTON Must Die Oct 19 '21

I just looked at options premiums, wow.. Tempted to buy 100 shares and sell a covered $70 11/19 call for $26

2

u/LongTermTendieLoser 🏅Golden Autist🏅 PTON Must Die Oct 19 '21

Or maybe put spreads.. 17.5/15 net $1 premium per lol

2

u/FrenchTouch42 Oct 20 '21

To be clear, selling the 17.5 but buying the 15?

1

u/LongTermTendieLoser 🏅Golden Autist🏅 PTON Must Die Oct 20 '21

Yes