NTES

#ShortPuts #IRA – Biggest loser on my watchlist today. Selling a little more aggressively than usual but still at the expected move and at the 50ma and down in congestion. Most importantly, this is the week prior to earnings. 30 days out and just prior is one of my favorite sales. Get good decay and still have the earnings volatility to roll (or sell) into.

Sold 1 NTES MAY 10 2019 250.0 Put @ 3.80

18.8% annulized…