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Trade for the week of 04/26/2024
#1 · 22 April 2024, 9:13 am
The stock market has been in a slump lately, but it hasn't hampered us in find PUT options, but we are being more conservative this week. We still have our original $1000 in our pocket and (previous today's trade) an extra $66. That isn't bad when you realize we are only putting in a few minutes of time on a Monday morning.
Our pick this week is:
| Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
| HUT | Put | 04/26/2024 | 1 | $ 7.00 | $ 0.03 | $ 3.00 | 21% |
Total cash flow so far: $69
And our expected yield for the year:22%
