💫 Trade Idea: HPE Wheel Strategy

📊 Trade Details:

• Stock: HPE (Hewlett Packard Enterprise)

• Strategy: Cash Secured Put

• Strike: $20.50

• Expiration: February 21

• Premium Target: Minimum $0.48/contract

💡 Key Points:

• This is a wheel strategy setup

• You need $2,050 cash secured per contract

• Potential to own shares at $20.02 if assigned ($20.50 - $0.48) and you can flip to covered calls.

• If not assigned, keep the premium as profit.

⚠️ Risk Management:

• Only enter if you're comfortable owning shares at $20.50

• Size position according to your account size

Drop a 💪 if you're watching this setup!

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