MDB: collect 1.15% premium on this cash secured put with strike at $230 which is about 5% lower.
Contract expires in 15 days on 17th Jan.
MDB seems to form a recent low at around $230 so I've used that as temporary support level for selecting the strike.
In the past year, it had fallen well over 50% so was looking for some value around beaten down stocks.
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- CornellRudolph·2025-01-04That sounds like a strategic move! MDB could be a great opportunity if it holds that support level.LikeReport
- DeltaDrift·2025-01-06Great planning b4 this trade[Strong]LikeReport