Sitting near the bottom, I believe, and poised to break upward soon, I sold two puts @ $7.5 and two covered calls @ $10 using the credit to buy two $9 calls. As long as $ALOY doesn’t drift below $7.50, it will be a minimum of a $23 profit. Worst case, I end up with 200 extra shares for the next jump up and have to go longer for the big jump. 😅
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John HODLing
@hodltillidrop · 35m
Cool analyzer
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