I’m having A2P issues with my texting service but. I placed Puts on Riot. Bought at $11.50 strike for and avg cost $1.40 per contract. Enter at your own risk because I can call the exits quickly until A2P is fixed.
Time to buy some Puts or short Southwest… I believe over the next 2-3 months we will see a dip. We’re well over 70 on RSI and broke through the moving average. Historically LUV falls Dec-Feb… Just my thoughts.
Whenever you’re bullish on a position… it’s taking off… and you wish you had more. Try selling puts. Worst case scenario the stock drops in price and you get assigned the shares at a discount. Best case scenario you make premium profits and never get assigned. Btw, if you’re not in our options program. You can ignore this lol. I just keep it all in one area.