Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
---|---|---|---|---|---|---|---|
09/28/2020 | Binck | – Put | 5 | 9.00 |
Notes:
TUP was at 27 two days ago and I was planning to close it and start with options when suddenly it went down and down again, now ending at $21.
I decided not to sell it, but instead do for November what I did for Jan 21. With my iron condor I earn between strikes 17 and 27 and my risk is very low. I can again adapt it whether TUP goes up or down. I still plan to sell TUP shares soon, but preferably not under $25.
I got $455 for each sold put.