01-28-2021, 07:51 AM
(01-28-2021, 06:09 AM)fenders53 Wrote: I have a lot of puts expiring 2/19 and it's too much to manage.
The last 2 buy to open (IBM and NEE) both exited after a couple of days at their targets.
I have found that the debit spreads are much easier to manage but you need to be right on direction, rather than betting where a stock WON'T go.
Both, debit and credit , have their place.
Yesterday I bought RVP 17.5/22.5C for .75, max profit 4.25 will target 1.50. 2/19 EXP.
Based on scan of stocks at 52 week high and significant short float %