AMAT: collect $152 (0.95%) premium for this new short put with strike at $155.
Contract expires in 3 weeks on 26th Sept.
The $155 level support had been holding up so far.
With 1 short put expired last week, this new trade is to reinitiate similar trade with similar setups.
The original trade idea still stands so it's more like trade continuity for this setup.
Stock momentum is still sluggish after the sharp drop on 15th Aug after earnings and had not recover.
Likely on consolidation mode till new catalyst emerge.
Trading for no movement is actually quite profitable for short put trades so let's see how this one goes.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.52 1Lot(s) | -- Closed |
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- LisaEffie·2025-09-09TOPSounds like a solid strategy! Keep an eye on that support level; it’s crucial for your plan.1Report