Option Strategies: RH

Selling For Premium

Hello everyone! Today i want to share some trading ideas with you!

1.

Anyone brave enough to write puts on $RH(RH)$ heading into earnings today? Expected move is ~13% with a very high IV of ~260%.

This stock has been killed off so much from ATH. Would like to write the 75 put strike for Dec 19 expiration, but there is no premium. May take a 110/105 put credit spread instead.

Image

.

2.

Wasn't too sure how $RH(RH)$ would report for earnings, but was leaning to the downside, so wrote a conservative put credit spread instead of writing naked puts. Also wrote a naked call ... don't see RH hitting 230 on good earnings.

Hindsight is obviously 20/20, but should have just written the put straight up with no hedge. Gave up lots of premium on the credit spread trade. Oh well.

Image

Will close out this trade tomorrow and capture around $250(ish) in profit! 🤑

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Click to access the activity

Other helpful links:

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Today i want to share some trading ideas with you!</p><p></p><p>1.</p><p>Anyone brave enough to write puts on  <a data-mention-id=\"RH\" class=\"teditor-mention\" data-mention-name=\"RH\" href=\"https://ttm.financial/S/RH\">$RH(RH)$</a>  heading into earnings today? Expected move is ~13% with a very high IV of ~260%.</p><p>This stock has been killed off so much from ATH. Would like to write the 75 put strike for Dec 19 expiration, but there is no premium. May take a 110/105 put credit spread instead.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/5b56f83464f1e7b15b0e186c362bfeec\" tg-width=\"1200\" tg-height=\"814\"><span>Image</span></p><p>.</p><p>2.</p><p>Wasn't too sure how  <a data-mention-id=\"RH\" class=\"teditor-mention\" data-mention-name=\"RH\" href=\"https://ttm.financial/S/RH\">$RH(RH)$</a>  would report for earnings, but was leaning to the downside, so wrote a conservative put credit spread instead of writing naked puts. Also wrote a naked call ... don't see RH hitting 230 on good earnings.</p><p>Hindsight is obviously 20/20, but should have just written the put straight up with no hedge. Gave up lots of premium on the credit spread trade. Oh well.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/dc1cb16dc5d4f845e28e09b6bbd6da59\" tg-width=\"1199\" tg-height=\"171\"><span>Image</span></p><p>Will close out this trade tomorrow and capture around $250(ish) in profit! 🤑</p><p></p><p><strong>For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</strong></p><p><a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a></p><p><strong>Find out more here.</strong></p><blockquote><p>Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get <strong>SGD 688 stock vouchers</strong>*! The trade can be executed using any payment type available under the Cash Boost Account:<strong> Cash, CPF, SRS, or CDP.</strong></p><p><a href=\"https://ttm.financial/link?target=https%3A%2F%2Fsg.tigermarketw.com%2Factivity2%2Fmarket%2F2025%2Fcontra-invitation%3Flang%3Den_US%26useAnimation%3Dtrue\" title=\"Click to access the activity\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Click to access the activity</a></p></blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330\" tg-width=\"1035\" tg-height=\"250\"></p><p><strong>Other helpful links:</strong></p><ul style=\"\"><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to open a CBA.</a> <a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to link your CDP account.</a> <a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Other FAQs on CBA.</a> <a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Cash Boost Account Website.</a></p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53023fe848b1b37867b56e3748a0c11c\" tg-width=\"3508\" tg-height=\"2480\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p>Hello everyone! Today i want to share some trading ideas with you!</p><p></p><p>1.</p><p>Anyone brave enough to write puts on  <a data-mention-id=\"RH\" class=\"teditor-mention\" data-mention-name=\"RH\" href=\"https://ttm.financial/S/RH\">$RH(RH)$</a>  heading into earnings today? Expected move is ~13% with a very high IV of ~260%.</p><p>This stock has been killed off so much from ATH. Would like to write the 75 put strike for Dec 19 expiration, but there is no premium. May take a 110/105 put credit spread instead.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/5b56f83464f1e7b15b0e186c362bfeec\" tg-width=\"1200\" tg-height=\"814\"><span>Image</span></p><p>.</p><p>2.</p><p>Wasn't too sure how  <a data-mention-id=\"RH\" class=\"teditor-mention\" data-mention-name=\"RH\" href=\"https://ttm.financial/S/RH\">$RH(RH)$</a>  would report for earnings, but was leaning to the downside, so wrote a conservative put credit spread instead of writing naked puts. Also wrote a naked call ... don't see RH hitting 230 on good earnings.</p><p>Hindsight is obviously 20/20, but should have just written the put straight up with no hedge. Gave up lots of premium on the credit spread trade. Oh well.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/dc1cb16dc5d4f845e28e09b6bbd6da59\" tg-width=\"1199\" tg-height=\"171\"><span>Image</span></p><p>Will close out this trade tomorrow and capture around $250(ish) in profit! 🤑</p><p></p><p><strong>For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</strong></p><p><a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a></p><p><strong>Find out more here.</strong></p><blockquote><p>Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get <strong>SGD 688 stock vouchers</strong>*! The trade can be executed using any payment type available under the Cash Boost Account:<strong> Cash, CPF, SRS, or CDP.</strong></p><p><a href=\"https://ttm.financial/link?target=https%3A%2F%2Fsg.tigermarketw.com%2Factivity2%2Fmarket%2F2025%2Fcontra-invitation%3Flang%3Den_US%26useAnimation%3Dtrue\" title=\"Click to access the activity\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Click to access the activity</a></p></blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330\" tg-width=\"1035\" tg-height=\"250\"></p><p><strong>Other helpful links:</strong></p><ul style=\"\"><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to open a CBA.</a> <a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to link your CDP account.</a> <a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Other FAQs on CBA.</a> <a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Cash Boost Account Website.</a></p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53023fe848b1b37867b56e3748a0c11c\" tg-width=\"3508\" tg-height=\"2480\"></p><p></p></body></html>","text":"Hello everyone! Today i want to share some trading ideas with you! 1. Anyone brave enough to write puts on $RH(RH)$ heading into earnings today? Expected move is ~13% with a very high IV of ~260%. This stock has been killed off so much from ATH. Would like to write the 75 put strike for Dec 19 expiration, but there is no premium. May take a 110/105 put credit spread instead. Image . 2. Wasn't too sure how $RH(RH)$ would report for earnings, but was leaning to the downside, so wrote a conservative put credit spread instead of writing naked puts. Also wrote a naked call ... don't see RH hitting 230 on good earnings. Hindsight is obviously 20/20, but should have just written the put straight up with no hedge. Gave up lots of premium on the credit spread trade. Oh well. Image Will close out this trade tomorrow and capture around $250(ish) in profit! 🤑 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","highlighted":1,"essential":1,"paper":2,"likeSize":1573,"commentSize":0,"repostSize":60,"favoriteSize":0,"link":"https://ttm.financial/post/510033864134984","repostId":0,"isVote":1,"tweetType":1,"viewCount":3250,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RH"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1284,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/510033864134984"}