Aug. 11 at 3:33 PM
A few minutes ago I sold the
$31 Put option on
$CRWU expiring this Friday. There’s not a lot of volume here (bids go unanswered) so you end up taking what the market is offering. In this case it was
$3.75. My intent of this option trade was to use the option as an entry into a new position. If, however, these options expire worthless this Friday as it now appears likely, I’ll make 13.76% on the trade for one week’s worth of time exposure risk.
And I can live with that.