Currently Earn 12% on premium Earn 3% on capital Selling 1 to 2 week put options for sofi earn 3%

Sporepuppy
08-17

Here’s the same explanation but focused on SoFi: why I sell in the money short term put options 

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$SOFI 20240823 7.0 PUT$ 

**Hey, friends!** 🥰 Let me tell you why I went for that near-the-money, short-dated trade with SoFi, especially with their earnings just around the corner! 🎉 I know it might seem super risky, but trust me, there's a method to my madness!

So, I was really after the *juiciest* premium I could get. And guess what? The rewards here weren’t just pennies—they were definitely worth it in my book. I mean, it’s SoFi we’re talking about, not some crazy high-beta stock like Tesla! 🚗💨

With SoFi being more affordable, it’s not like I'm dancing in front of a steamroller here. This is a stock I can totally handle if I end up getting assigned. And honestly, if the earnings don’t go my way, I’ve got an escape route ready by rolling the position to avoid assignment. *But*, if I do get assigned, I'm cool with it—I'll just baghold and wait for the right moment. 🎯

And let’s talk about SoFi's target market for a sec. They're all about serving young professionals and people looking to manage their money better, right? During tough times, people are going to be all about finding smarter ways to handle their finances, and that’s where SoFi shines. ✨ Plus, financial services are essentials—we *all* need them, no matter what the economy looks like. So, even in hard times, demand for SoFi’s offerings isn’t going anywhere. In fact, more people might start using SoFi to save money and get better deals on loans or investments. 💰

That's why I’m so bullish on SoFi going into earnings, and I don’t think it’s like picking up pennies in front of a steamroller at all. I wouldn’t try this strategy on something like Costco because it's way more expensive, and definitely not on Tesla because of its crazy high beta. But with SoFi? I feel super confident! 💪😊

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How does that sound for SoFi?

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免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

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