Thread: Side Hustle
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Old 12-23-2020 | 08:34 AM
  #464  
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JamesBond
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From: A350 Both
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I put on the 19 Feb 3000/2900 AMZN spread this morning for a $31 credit on 5 contracts. It's down about $100 in total. The $3000 Put half is up about $1500. Had I done it the way I normally do, I would be selling another put and putting a stop limit on it in case the market takes a dive. I get how this works, but I prefer to just sell naked puts and put in stops. I'll watch it for awhile, but I will sell out of the 2900 Put at $72 (I bought it at $70), and ride the sold puts.

Thanks for the info.
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