| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 08/12/2020 | Binck | – Put | 1 | 1.80 |
Notes:
Overstock lost about 6% due to a secondary offering announcement at price of $84.
While this had a negative impact on the day, it’s a very good sign as it means companies are ready to invest that much in it.
I decided to go for another put spread and I might even go for long term as it could go well above $100.
Yield is about 66.67%.