JETS ETF Bullish inclined naked Puts - 22 Jan expiry
As the Primary Trade is this aligned to the larger market direction and is deemed less risky. I'm bullish inclined for JETS as it is considered one of the COVID19 recovery sectors.
More vaccine news and it's potential positive speculation could start increasing it's frequency, resulting in traders trying to capitalize on it by entering sectors previously hit hard by COVID19
Sold 120 Puts @ 0.30, Strike 19.5
BP block: 28k
Max gain - est $3600
More vaccine news and it's potential positive speculation could start increasing it's frequency, resulting in traders trying to capitalize on it by entering sectors previously hit hard by COVID19
Sold 120 Puts @ 0.30, Strike 19.5
BP block: 28k
Max gain - est $3600