3 oct
homebuilders have been holding up well. Lennar seems to be holding the breakout from the recent range. i have a Jan2022 long call and now a Oct09 82 short call that i just rolled to for credit. been having good results selling short Puts on this name. now that stock is above 80 my level is a bit higher. near the 75 area. the bottom of the previous range. earnings were 2 weeks ago and they just raised the dividend. will be looking at 75 strikes 3 weeks out or so. lot size between 1-5 usually.. never said i was big time like the twitter furus .. will set alert for <80 to price things out.. a rapid selloff to under 80 will spike the Put premiums nicely
No comments:
Post a Comment