Good time to sell MSTR put spread · Invest & Retire Community

Good time to sell MSTR put spread

Friends,

Today is a good time to sell MSTR bull put spread for next week expiry. There is a good market pullback today and we will be selling 25% OTM from here making it a very high probable trade. I sold today some.

Just letting you know so that you can look for these situations.

Market pullback on Thu or Fri or Wed
If it's Thu or Fri go the full size and sell
If it's Wed pullback then sell half size and wait for more pullback on Wed or Fri
Sell 25% OTM short put and buy long put so that it's reasonable for your margin requirement
Very Important: Buy only so many contracts that if assigned (on the short puts) you don't mind holding

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