Cash secured put. Putting a longer duration sell put on it, but placing strike at the lowest point of the "boring" zone.
Refer to earlier post on the different levels I'm looking at for COIN. Will probably do an update again next week.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 3.55 2Lot(s) | +27.89% Holding |
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- ColinThorndike·10-10 00:12TOP160 for 3.55 is decent premium if that boring zone really holds. On a cash secured put the payoff looks clean, but IV crush next week probably matters more than spot1Report