ZENDESK will announce its corporate results after the bell today.
It's a good idea to sell 2 put options with $65 Strike Price and expiration date on 15th of May 2020.
So we have a -15% distance loss and if the price is above $65 at expiration we will receive Premium around $170. But if it falls below, we will be able to buy the 200 shares at a lower price as ZENDESK has prospects in the future.
It's a good idea to sell 2 put options with $65 Strike Price and expiration date on 15th of May 2020.
So we have a -15% distance loss and if the price is above $65 at expiration we will receive Premium around $170. But if it falls below, we will be able to buy the 200 shares at a lower price as ZENDESK has prospects in the future.