sold puts on BYND @ 182,50 and 187,50 for 2600$
Thanks god people are so scared for nothing especially with outstanding companies like beyond meat , the company had impressive results and announced a share issue because of that the stock collapse and volatility shoot up
now just imagine the premium you got on a stock like this and i missed the opportunity to sell two time higher ans i wanted to see how the stock reacted and rebounded
So i sol one put at 8,0 $ maturing 16/08 so 4,3 % return on 2 weeks strike at 182,50
sold an other one for 18,00 $ maturing 30/08 so 9,6% !!!! return on 1 month strike at 187,50
WOW IT IS A RARE OPPORTUNITY SUCH HIGH PREMIUM AND I COULD EASILY HAVE DOUBLE IT IF I WAS MORE DARING
AGAIN THE COMPANY IS SOLID AND THE STOCK HAD A HUGE RESISTANCE REACHING 185 $ AND REBOUNDED SO FAST
EVEN STIKED YOU WOULD GET IT FOR 8 AND 18 $ DISCOUNT FROM THE LOWEST POINT WHEN THE STOCK DROPPED
tHEN YOU SELL CALLS
I don't believe will be triggered
now just imagine the premium you got on a stock like this and i missed the opportunity to sell two time higher ans i wanted to see how the stock reacted and rebounded
So i sol one put at 8,0 $ maturing 16/08 so 4,3 % return on 2 weeks strike at 182,50
sold an other one for 18,00 $ maturing 30/08 so 9,6% !!!! return on 1 month strike at 187,50
WOW IT IS A RARE OPPORTUNITY SUCH HIGH PREMIUM AND I COULD EASILY HAVE DOUBLE IT IF I WAS MORE DARING
AGAIN THE COMPANY IS SOLID AND THE STOCK HAD A HUGE RESISTANCE REACHING 185 $ AND REBOUNDED SO FAST
EVEN STIKED YOU WOULD GET IT FOR 8 AND 18 $ DISCOUNT FROM THE LOWEST POINT WHEN THE STOCK DROPPED
tHEN YOU SELL CALLS
I don't believe will be triggered
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