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brianweber
2 Mei 2018 pukul 22.20

Naked puts over earnings on SQ Panjang

Block, Inc.NYSE

Huraian

Sold x2 naked puts at the $43 strike for this week's expiration. SQ is gapping down, but should see support in the $45 area. If $45 is lost, that lower trend line will most certainly be tested. I expect a bounce there unless the market completely rolls over.

FYI I don't mind owning shares of SQ long term since I'm confident the stock will rebound.

Cheers!
Komen
bolillo720
True that, looking at $50 MAY18C
brianweber
@bolillo720, you already bought the calls, or are looking to enter?
bolillo720
Looking to enter missed my opportunity 2days ago at 1130A.M. saved me 2 days of theta @brianweber,
Lebih