#CoveredStrangles #ShortPuts – Pre-selling to setup future covered strangles:
STO Feb 22 2022 438 Put @ 4.50
STO Mar 4 2022 438 Put @ 8.25
Both are at the 50-Wk MA.
Edit – added another one:
STO Feb 25 2022 438 Put @ 6.50
Tag Archives: CoveredStrangles
ROKU
#CoveredStrangles – I was going to let the stock get called away but I think I’ll hold it for a few more weeks. Rolling covered call out and up pairing it up with a short put leaving a covered strangle. Adds another 3.95 of upside on the stock.
Rolled ROKU MAY 28 2021 317.5 Call to JUN 18 2021 320.0 Call @ 1.45 credit
SPY
#ShortPuts #CoveredCalls #CoveredStrangles – Adding another put and selling a covered call against yesterday’s put sale…
Sold SPY JUN 12 2020 250.0 Put @ 3.50
Sold SPY JUN 05 2020 290.0 Call @ 3.15
Options Bistro 