$HOOD 20251114 120.0 PUT$ The recent market downturn dragged almost everything into the red — crypto included — and HOOD took the hit hard. The stock dropped nearly 25% from its recent high, tagging a low around 115 during last Friday’s selloff. But the rebound into the close pushed it back above 122, which was enough for my short CSP to flip from in-the-money to expiring worthless.

With 115 now shaping up as a potential near-term low, I’m shifting my CSP strike to that level. If price revisits 115 and doesn’t fall too far below it, I’m comfortable taking assignment. Otherwise, I’ll keep collecting premium as long as the setup stays favorable.
HOOD PUT
11-15 14:13
US20251114 120.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
Robinhood
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  • Megan Barnard
    ·2025-11-18
    TOP
    Isn’t 115 support fragile if market selloff deepens?
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    • mster
      It’s now going for a gap fill at 105. Also the 150EMA strong hold. Will likely try roll to this level next if my put strike of 115 is breached by expiration
      2025-11-18
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  • kookiz
    ·2025-11-17
    TOP
    Solid adjustment on the CSP strike, mate. 115 looks like a solid floor now – smart move riding the rebound. [强]
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  • Jo Betsy
    ·2025-11-18
    TOP
    How’ll you adjust if HOOD gaps below 115 on open?
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    • mster
      It’s now going for a gap fill at 105. Also the 150EMA strong hold. Will likely try roll to this level next if my put strike of 115 is breached by expiration
      2025-11-18
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  • Wade Shaw
    ·2025-11-18
    115 strike CSP locks in solid premium + safe entry!
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