META: collect $720 (1.05%) for this cash secured put with strike at $675 and expiring in 2 weeks on 8th Aug.
The previous sold put at $700 strike expired worthless on 25th July to this is a continuation trade. Also managed to lower down my strike by another $25 to cater for higher volatility going into earnings on 30th July.
Think META will either rip higher or at least not coming down hard so the strike $675 which is below few moving averages might hold steady just for this 2 weeks.
Longer term wise if earnings disappoints, accumulattion levels should be around the $625 to $640 zones where key support lies.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 7.20 1Lot(s) | -- Closed |
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- DeltaDrift·2025-07-29TOPNice premium in 2 weeks[Smart]1Report