Selling $1Puts

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Selling $1Puts

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Anyone else selling puts on this stock? I'm thinking of increasing my shares and lowering my cost avg ($1.19) by selling ITM $1p for Jan 24. Or would it be better to just purchase shares outright?

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dbixon

Really not a bad play. This stock will either be in the toilet or $5 a year from now.

I’m surprised anyone’s buying puts right now though. Options market can’t be very liquid. Personally I’d just load up on shares. If you can get your DCA under a buck, the only thing you’ll need for this to pay off is time (which options deny you).

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Jaded_Act_8202

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Posted: 1 year ago
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