$APP 20250509 200.0 PUT$ APP:

APP: collect 7.25% premium on this cash secured put with strike at $200 set similar to the one that will expire today 17th Apr.

this contract is to replace the one expiring.

new contract will expire in 4 weeks on 9th May,

APP had dropped more than 55% after peaking in mid Feb. That was a drastic drop and I believe the company business is still sound.

Valuation might seem a bit more palatable now and these type of software business is less impacted by the ongoing tariffs war.

Ongoing legal battles might dampen sentiments but these are notoriously hard to be of anything substantial beyond some fines and given the growth of the company, it might be possible to start to accumulate.

Happy to collect just the premium as well as part of capital preservation.

APP PUT

04-17 01:04

US20250509 200.0

Side	Price \| Filled	Realized P&L
Sell Open	14.50 1Lot(s)	-- Closed

AppLovin Corporation

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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.

Comments

DeltaDrift
04-17
DeltaDrift
Amazing 7.25% premium, any implicit downside risk for this trade?
- Terra_Incognita:
  If it falls below $200 or get exercised ahead of expiry, then have to make sure $20k capital to take up the shares.
PorterLamb
04-17
PorterLamb
Smart move
matthewleong
04-18
matthewleong
这篇文章不错，转发给大家看看
苦尽甘来。
04-17
苦尽甘来。
这篇文章不错，转发给大家看看

Leave a comment

174

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","text":"If it falls below $200 or get exercised ahead of expiry, then have to make sure $20k capital to take up the shares. ","html":"If it falls below $200 or get exercised ahead of expiry, then have to make sure $20k capital to take up the shares. ","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0,"disclaimerType":0},{"id":425546732392488,"commentId":"425546732392488","gmtCreate":1744902091216,"gmtModify":1744969612060,"authorId":9000000000000420,"author":{"id":9000000000000420,"idStr":"9000000000000420","authorId":9000000000000420,"name":"PorterLamb","avatar":"https://static.tigerbbs.com/bf65ca86aeb00567f8edf7489edd03ae","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":425552347672752,"objectIdStr":"425552347672752","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Smart move","text":"Smart move","html":"Smart move","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":425564805219096,"commentId":"425564805219096","gmtCreate":1744906851795,"gmtModify":1744906855124,"authorId":4099952199943190,"author":{"id":4099952199943190,"idStr":"4099952199943190","authorId":4099952199943190,"name":"matthewleong","avatar":"https://static.tigerbbs.com/a251e87d2f42828483f0c9c27a5d8fe4","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":11,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":425552347672752,"objectIdStr":"425552347672752","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","html":"这篇文章不错，转发给大家看看","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":425555934004048,"commentId":"425555934004048","gmtCreate":1744904595100,"gmtModify":1744904598383,"authorId":3575718305599912,"author":{"id":3575718305599912,"idStr":"3575718305599912","authorId":3575718305599912,"name":"苦尽甘来。","avatar":"https://community-static.tradeup.com/news/7413d47a7bb5c16b63cb664fa7e6f878","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.19","exceedPercentage":"93.14%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":425552347672752,"objectIdStr":"425552347672752","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","html":"这篇文章不错，转发给大家看看","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/425552347672752"}