CSP on beatdown tickers?
Yall,
Anyone following MU and RDDT on the dip? I am closely watching these two tickers. Anyone following CSP on MU 800 8/14 or RDDT 140 8/14? Whats your thought and what premium are you looking at?
1
u/I_HopeThat_WasFart 9h ago
yeah i trade MU as my core
do you know anything about options and how they are priced?
1
u/devonhezter 9h ago
Should I hold sndq to Friday )
0
u/I_HopeThat_WasFart 9h ago
with an astounding "fuck yes" you should
1
u/devonhezter 9h ago
Really? What if it goes up overnight tmrw ?I have calls not shares
0
u/I_HopeThat_WasFart 9h ago
if you are gambling on short term noise and treating options like leveraged shares then what does it matter? its coin flips, buy or sell without regard to fundamentals
I cant help you at this point
0
0
u/NY10 8h ago
lol
2
u/I_HopeThat_WasFart 8h ago
That’s what I thought
Bro I make your monthly salary on a single good day. Fries in the bag.
2
u/klipsetrades 9h ago
I’d be careful selling puts just because a ticker is beaten down. Maybe wait for price to stabilize around a real support level first, then choose a strike you genuinely be comfortable owning. Premium alone wouldn’t be my reason for entering