Sold NTAP Puts

Netapp (NTAP) is a very good stock. With it at $68.65 I just sold 10 contracts of the 2/26/21 $64 Puts for a 75¢ premium for $750.

Sell to Open 10 NTAP 2/26/21 $64.00C @ 75¢ (+$750)

If I get assigned I’ll own 1000 shares. This stock has very nice premium for selling Calls.

This trade gets a Risk Factor 2.

Successful trading,

Steve

The Options Coach

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