Profit Previous Month: 2028.00 USD - Profit Current Month: Oct 2024 : 331.00 USD - Updated 15/11/24 - Details in Trade Report
Rolling $PINS until profitable !
I have sold a $PINS naked put at strike 30 on 5 Jan 2022. The stock was trading at $ 22.60 last Friday, so I will keep rolling this position out in time until profitable.
I’ve rolled it 9 times these last months and have been selling short calls at the same strike price to lower the cost basis. The last roll gave me an extra $1.43 credit.
At this moment, I have a short 30 strangle for $6.40 credit exp 18 Nov 2022.
This brings my break-even point at $ 23.60 !