This is the fifth month I have sold puts on ATPG: <a href="http://bbs.wenxuecity.com/tzlc/253886.html">My fifth month to sell puts on ATPG</a>。 I decide to take a break, market has been up for some time. Probably it is better to wait. I just had a look at the put option pricing on atpg, the premium is still pretty high, implied volalitity on atpg Nov $14 put is 75%, very tempting.
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My fifth month to sell puts on ATPG
Tomorrow is option expiration day for Sept. Looks like my puts on atpg at 10, 11 will expire worthlessly again for Sept. To celebrate that, I just sold another put on atpg for Oct, strike price 12 for $1.05 premium. The strike price I pick is going up from 8 at the beginning to 9, 10, and 11 as atpg slowly climbs up the ladder. Now it sits on 12. I love the opportunities after crisis.