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re: Options Trading Thread

Posted on 4/28/23 at 6:18 pm to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26587 posts
Posted on 4/28/23 at 6:18 pm to
Put a wide ANET short put spread on (for margin purposes). The near leg is around 9 delta. Reason being, I already own ANET stock, and I really don't want more unless I get a big discount. So if it tanks after earnings I'll convert that short leg to a larger position.
Posted by bayoubengals88
LA
Member since Sep 2007
19101 posts
Posted on 4/28/23 at 7:13 pm to
How wide is the spread? And how does a put spread end in assignment?
I thought there was a max loss/defined risk.

Closed GIS bear debit spread for 14% that I put on earlier this week.
Took on a KO iron condor and a MSFT bear debit spread toward the end of the day. Don’t feel great about either, but I finished the week with realized profits on 6 of 6.
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