VERY SIMPLE SELL RIDICULOUSLY OUT OF THE MONEY PUTS
REMEMBER YOU WILL BE ASKED TO HOLD 100X THE STRIKE PRICE IN YOUR ACCT
IE :
strike price $95 =$9500 per option ZG or waste management WM
strike price $5 = $500 ET
strike price $20 = $2000 BAC
strike price $360 = $36000 TSLA
if you have any questions tell me the stock and I will tell you which option.
REMEMBER Most likely you will not be getting this stock just making the income from the put sale. Still make sure it is a stock you want to own if the market really goes down. If you expect a stock to take of, just buy it or a call option or both
GOOD LUCK
REMEMBER YOU WILL BE ASKED TO HOLD 100X THE STRIKE PRICE IN YOUR ACCT
IE :
strike price $95 =$9500 per option ZG or waste management WM
strike price $5 = $500 ET
strike price $20 = $2000 BAC
strike price $360 = $36000 TSLA
if you have any questions tell me the stock and I will tell you which option.
REMEMBER Most likely you will not be getting this stock just making the income from the put sale. Still make sure it is a stock you want to own if the market really goes down. If you expect a stock to take of, just buy it or a call option or both
GOOD LUCK
