Sep. 9 at 9:08 PM
$SHAK — New CSP today
STO 3x SHAK 9/25
$62P @
$1.30
Premium:
$130/contract
ROC: ~2.10% in 16 days
Effective basis if assigned:
$60.70
SHAK was down about 4% when I entered. I like the business and this also gives me some diversification away from the tech/AI-heavy names I trade frequently.
If SHAK stays above
$62, I keep the premium. If assigned, I’m comfortable owning the shares around a
$60.70 effective basis. 👊
