Sold some MA puts, the stock has been extremely strong recently and it's been very frustrating to have been caught on the sideline of this one. MA is up almost 30% since its IPO. Today it is trading lower as the overall market is showing weakness. Put selling is paying an implied volatility of 40%, I got $1 per option for the July 45 strike.
The Swedish market will open tomorrow after today's holiday.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment