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Investment Strategies / Mechanical Investing
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Author: hclasvegas   😊 😞
Number: of 3957 
Subject: Re: Full disclosure
Date: 09/20/2023 6:11 AM
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No. of Recommendations: 1
"" Sold DG $95 Jan 2026 Puts at $11.80 today. Be bold when others are fearful. :) I'm guessing today could be described that way. Anyone else still buying or at least bullish?"" Good morning, assuming you are NOT using margin, you sold the 95 put, cash secured, for 11.80. Cash tied up 83.2. MAX profit 14.2 % out 850 days. Annual profit about 6.2 %, hopefully in a tax favored account? Do those numbers sound correct? Worst case, you own it at 83.2. GL, Thank you.
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