Shared by
jfabiano
Selling the 45DTE puts on this Solar play that is less than the leader FSLR. This is a pretty large Canadian company so just wanting to get some exposure as this industry has ran a lot and with the new administration could be in play for a while.
Initial margin =$18K (60% of puts).
1/6/21 added to the winner so far on the nice gap up on the Dems taking Georgia (most likely and Solar and weed sectors to be most likely the winners with tech selling off if this happens).
1/20/21 meant to close only 5 contacts but when I canceled my other order and reloaded it filled in .75 and filled immediately. Still a nice gain overall with basis $1.94. Capturing 61% in less than 3 weeks with still 30DTE. Still have the LT LEAP call
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-04 10:09:00 | FEB19 21 45 PUT | sell | $2.000 | short |
| 2021-01-04 10:38:00 | FEB19 21 45 PUT | sell | $2.000 | short |
| 2021-01-06 10:17:00 | FEB19 21 45 PUT | sell | $1.800 | short |
| 2021-01-13 09:33:00 | JAN21 22 70 CALL | buy | $9.900 | long |
| 2021-01-20 09:51:00 | FEB19 21 45 PUT | buy | $0.7500 | short |
| 2021-01-20 09:51:00 | FEB19 21 45 PUT | buy | $0.7500 | 0 |
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