1️⃣ Why am I making this trade now?
After closing my previous puts position, I am initiating a new sell puts position on ONDS, to take advantage of the elevated implied volatility to collect the option premium of 1.15 This move is simply to generate more income while waiting for stock price to recover. If stock price does not recover, I am ok to acquire shares at a lower net cost basis if assigned. I still have faith in this company as they continue to build their automated drone and wireless network segments.
2️⃣ What’s my plan from here?
I will monitor ONDS's share price action and track their next quarterly earnings updates around 16 Nov 2026. If the stock remains stable or drifts higher, I will let time decay to work in my favor to capture the premium. However I am prepared to be assigned if a broader market pullback pushes the share price below the strike price. This will also allow me to build and add to my existing position for this stock.
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