jefflsmith 11:02 am on Friday, February 5, 2021
Tags: #PTON ( 2 ), BUPS ( 400 )

BuPS on PTON….looking or a bounce

https://coveredcallswithjeff.wordpress.com/2021/02/05/new-bull-put-spread-on-pton/

Lesserweavil 11:05 am on Friday, February 5, 2021

Did this a bit earlier, hadn’t gotten it posted yet:

STO $PTON Feb-19-2021 120/130 #BuPS @1.35.
Still holding shares from last year.
- jefflsmith 11:17 am on Friday, February 5, 2021
  
  Think your trade has less risk. Good premium considering how far out of the money it is. Also still holding the shares….need to get to long term capital gain which isn’t that far away
  - Lesserweavil 11:20 am on Friday, February 5, 2021
    
    It’s out another week from yours, of course – more time to adjust, but also more time to have capital tied up.
jsd501 11:27 am on Friday, February 5, 2021

I own the March 19, 145 puts. If it breaks 140, I think it goes to 110. Once the vaccine works people will be going back out and there will be a lot of bikes for sale, IMHO.
- jefflsmith 3:24 pm on Friday, February 5, 2021
  
  Appreciate you sharing your thoughts. I did purchase a bike that my wife and I use daily. Enjoy/prefer to do it at home versus a gym. Agree that growth will change. I should be conservative with positions on the stock.

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