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re: Options Trading Thread

Posted on 10/28/22 at 1:27 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4181 posts
Posted on 10/28/22 at 1:27 pm to
quote:

I sold some November puts (credit spreads) on Meta yesterday after the drop, and did the same thing with AMZN after the drop this morning.


If you don’t mind me asking, what kind of strikes did you choose? Can’t speak to META, but AMZN is certainly one I would have also looked at.
Posted by dragginass
Member since Jan 2013
2783 posts
Posted on 10/28/22 at 7:09 pm to
On meta I sold the 95-90 put spread, and on AMZN I sold the 94.50-88 spread. I targeted the 30 deltas for selling, then bought my coverage around 15. I'm still using basic strategy, ha.
This post was edited on 10/28/22 at 7:46 pm
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