I sold puts.

music selection:  “Love In Silence” — Uriah Heep

weigh-in:  213.2 (0.6)

New housing starts are still well below their long term average.  This makes me bullish on home builders.  Today, I wrote puts on the ITB homebuilders etf (ITB).  I sold ITB200731P00042000 for 2.90 a share.  The trade will be in force for 37 days and yields an expected 68.11% on an annualized basis.

Devour your prey raptors!

ITB puts with yield up to 68.11%

Never miss another opportunity to devour prey!

2 thoughts on “ITB puts with yield up to 68.11%

  • June 17, 2020 at 6:21 pm

    That is a terrifying bet, to me anyway. I’m not sold on the recovery or imminent end of the pandemic.

    Any thoughts of writing more puts on big tech like MSFT, CSCO, CRM, or MU?


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