$IBM 20260724 190.0 PUT$ IBM’s stock price plummeted over 25% after they issued a very pessimistic pre-earnings outlook. It reached its lowest point in 52 weeks, erasing all the gains they had made in the past few months following positive news about securing funds from the US administration. The IV was extremely high, making selling put options an ideal opportunity. I had entered early, and even the share price dropped further in the latter part of the day than my entry point. Despite this, the premium I collected was still the highest, and by the end of the day, my option position was already profitable by over 50%.   
IBM PUT
07-14 21:32
US20260724 190.0
SidePriceRealized P&L
Sell
Open
3.00+85.00%
Holding
IBM
# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment3

  • Top
  • Latest
  • AndrewWalker
    ·07-15 18:12
    TOP
    I sold puts on IBM too, your IV catch was cleaner than mine lol
    Reply
    Report
    Fold Replies
    • mster
      So long there a catch. 👍 😀
      07-15 21:08
      Reply
      Report
  • KSR
    ·07-15 21:07
    👍
    Reply
    Report