WOLF: bought in shares at $7 as part of cash secured puts that closed in the money at closing.
WOLF trades at $6.28 and sentiments are weak right now. Trades as low as $4.66 so knew these cash secured puts won't survive and will get assigned.
Decided to buy them in instead of rolling and start accumulating on the sub $10 range. Time will decide if this is suicide or brilliant.
Have few other cash secured puts trades on WOLF at various strikes and expiry dates.
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- DeltaDrift·01-21Hopefully institute squeeze the shorts hahaLikeReport