Two easy option trades

December 11, 2020 - 12:03 pm

It's almost the end of 2020, and we've got two simple trades to pocket some shopping money as they'll most likely expire worthless.  By now you obviously know that we sell options a lot since we can generate healthy returns with somewhat minimal risk, and we only do this on companies we'd like to own when we sell Puts.

Today we sold the Jan 2021 $100 Puts on Crisper (CRSP) for $1.00 with the stock trading at $152, and we sold the December 2020 $25 Puts on Palantir (PLTR) for $1.00 as well.