Hai Kee
commented on
First, a risk warning: Options carry risks. Selling puts requires having sufficient funds to take delivery of the stock and being willing to buy at that price; otherwise, the risks are significant. Do not proceed unless you are familiar with this.
Want to buy this stock but think the price isn't favorable? The obvious choice is to sell puts. Last night, I executed three sell put trades.
They are,
1. Sold 10 SNDK puts expiring on April 17 with a strike price of $520 and a premium of $41.7. This is equivalent to buying SNDK at $480 or earning $41,700 in premiums.
2. Sold 400 MARA puts expiring on April 17 with a strike price of $9 and a premium of $0.99. This is equivalent to buying MARA at $8 or earning $40,000 in premiums.
3. Sold 15 LITE puts expiring on April 17 with a strike price of $530 and a premium of $39.1. This is equivalent to buying LITE at $490 or earning $58,650 in premiums.
Yesterday, I collected a total of $145,000 in premiums. I have the funds to take delivery and am willing to buy at these prices. It's a good position, but everyone should avoid blindly following as the risks are substantial.
$SanDisk (SNDK.US)$ $Lumentum (LITE.US)$ $MARA Holdings (MARA.US)$
Want to buy this stock but think the price isn't favorable? The obvious choice is to sell puts. Last night, I executed three sell put trades.
They are,
1. Sold 10 SNDK puts expiring on April 17 with a strike price of $520 and a premium of $41.7. This is equivalent to buying SNDK at $480 or earning $41,700 in premiums.
2. Sold 400 MARA puts expiring on April 17 with a strike price of $9 and a premium of $0.99. This is equivalent to buying MARA at $8 or earning $40,000 in premiums.
3. Sold 15 LITE puts expiring on April 17 with a strike price of $530 and a premium of $39.1. This is equivalent to buying LITE at $490 or earning $58,650 in premiums.
Yesterday, I collected a total of $145,000 in premiums. I have the funds to take delivery and am willing to buy at these prices. It's a good position, but everyone should avoid blindly following as the risks are substantial.
$SanDisk (SNDK.US)$ $Lumentum (LITE.US)$ $MARA Holdings (MARA.US)$
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Hai Kee
commented on
$Tradr 2X Long SNDK Daily ETF (SNXX.US)$ Many people have asked me if I will continue to add positions. The answer is yes, and every upcoming trade will involve significantly larger position increases.![]()
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Hai Kee
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$SanDisk (SNDK.US)$ Not asking for much, just hitting 572 again would be fine
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Hai Kee
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$Tradr 2X Long SNDK Daily ETF (SNXX.US)$ It is unlikely to drop to 500. Last night, it was about to break through 620. It was supposed to continue rising during today's trading session, but suddenly plummeted due to the bombing of the Bahrain oil field and Iran’s attack on an oil tanker, causing a surge in oil prices and market panic. As a result, all major indices are crashing today, and Sandisk has also been dragged down.
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Hai Kee
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$SanDisk (SNDK.US)$ what will the result be for markt close
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$SanDisk (SNDK.US)$ feel like going to dropback soon
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Hai Kee
commented on
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$SanDisk (SNDK.US)$ will it go down 540 one more time
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Hai Kee
liked
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Hai Kee : your sell put now turn 黑熊猫?