geewhiz112 9:32 am on Thursday, May 7, 2020
Tags: ShortPuts ( 4,763 )

CODX Put Closed

#shortputs
$CODX BTC 5/15 10 put at .20. STO 4/14 at 2.85

smasty 11:20 am on Thursday, May 7, 2020

I just today heard about this company relative to the options premium, have you been trading it for awhile?
- geewhiz112 11:35 am on Thursday, May 7, 2020
  
  Started mid April buying the stock. Sold calls against the stock. They make test kits for covid-19 among others. Not widely successful. This was my first put sale. Worked nicely.
  - smasty 5:46 am on Friday, May 8, 2020
    
    I just heard a story yesterday from a friend, his brother is doing biggie CC’s on this stock and Schwab is paying him a good sum of money to be able to use his long stock to loan out to short sellers.
    - smasty 6:16 am on Friday, May 8, 2020
      
      This looks like a good diagonal (poor man’s CC) opportunity….halve the risk. I’m looking at buying Aug 9’s and selling 15’s against it.
thomberg1201 12:22 pm on Thursday, May 7, 2020

I sold a may 15, 14 put for 1.25 thanks for the idea