META: collect 0.3% premium from this far out of money sold Put with strike at $470 which is 26% lower than last close.
Contract expires in 5 weeks on 4th April.
META had fell off a 13% in the past 2 weeks. valuation might still be on the high side so I've just sold the put at the strike where I won't mind buying in the stocks.
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- OutsiderLEO·2025-03-05Sounds like a smart move! Collecting premium while setting a buy opportunity is a solid strategy.LikeReport
