Earning day play:
SELL DOTM PUT NIO 18 NOV22
FOR $2.13
Strike 15 ROI =15/2.13= 14.3 %
Target support zones 13-16 target resistance 27-30
*** 2 outcomes
a) Stocks close above 15 By EXP in November we make an income 14.3%
b) Stock Tanks because of delisting fears or geo political USA china We get the asset stock at 15 strike - credit received $2.13= $12.87
Safety of margin current stock price 22-12.87= 9.13 trade structure safer
Hope it helps
Marc
SELL DOTM PUT NIO 18 NOV22
FOR $2.13
Strike 15 ROI =15/2.13= 14.3 %
Target support zones 13-16 target resistance 27-30
*** 2 outcomes
a) Stocks close above 15 By EXP in November we make an income 14.3%
b) Stock Tanks because of delisting fears or geo political USA china We get the asset stock at 15 strike - credit received $2.13= $12.87
Safety of margin current stock price 22-12.87= 9.13 trade structure safer
Hope it helps
Marc
Decision Tools and Ideas by Traders for Traders
Reward buy put at 1.06. ROI= credit recv 2.13-106= 1.07/15strike=14.15% ROI thank you and lets run for now...The DOTM Trifecta selling puts is a great strategy for asset accumulation or income but if there is a real delisting risk ...run and lets access later, one can always re enter a dangerous position