Sold two new bull put spread options today: OKTA Okta, Inc. OKTA Sell $70.00 $4.50 OKTA Buy $67.50 -$3.55 $0.95 Credit $2.50 $0.47 Buy back Want min. credit to be at least 10% times the strike difference $0.25 Max reward $0.95 Max risk $2.50 Return 61.29% Credit divided by the risk (credit to risk ratio) 38.00% […]
Tag: Bull Put Spread
Today’s Trade: SOFI
Sold a SOFI December Bull Put spread for $.42 ($42). SOFI Sell $10.00 $0.55 $11.19 SOFI SOFI Buy $8.00 -$0.13 $0.42 Credit $2.00 $0.21 Buy back 50.00% Want min. credit to be at least 10% times the strike difference $0.20 Max reward $0.42 Max risk $2.00 Return 26.58% Credit divided by the risk (credit to […]
Today’s Trades: SOFI, KO
The Coca-Cola Company (KO) SoFi Technologies, Inc. (SOFI) I am learning how to do vertical option spreads. Sold two low-risk bull put vertical spreads. See below: SOFI Aug 16 Sell $6.00 $0.17 SOFI Aug 16 Buy $5.00 -$0.04 $0.13 Credit $1.00 $0.02 Buy back Minimum credit 10% times the strike difference $0.10 Yes Max reward […]