Lions.. several weeks ago I posted that I am now selling puts, instead of buying calls to get long the market.
I posted the specific positions as listed below.
I sold three sets of puts on JPM, $120, $115, and $110 puts.
I will allow these to expire and I get to keep 100% of the premium.
I am for now NOT buying options, I am just selling them.
When my above positions expire, I will post new positions which will also be SELLING PUTS to stay long.
If you want to BUY calls, there is nothing wrong with that. Just know how to play your positions and how to buy them.. I cover ALL of this and exactly how to do it in my book A (NOT) So Random Walk On Wall Street.
GM
You forgot to include what month
I’m long OIL and BTC and a few other misc.