#shortputs CRUS
On March 16, on a Motley fool recommendation(to buy the stock, not the option), I sold an April 20 40/45 put spread, just threw the 40 dollar, 40 put in for margin purposes, the short put being 1.85. My timing was impeccable as CRUS illogically is now at 38.75. I rolled the short 45 to June for a credit of 1.08, sold the April 40 long put for 2.35, staying naked on the June 45 short put. Of course, if CRUS was a buy at 45….