JC Option Fund 25-01-2020

Recently, I have executed another option position on RDS.B after the last option expired on 17th January 2020. I executed 10 sell put RDS.B @ 55 expiry on 21st February 2020 with premium $0.25 only.

USD $250 for so much risk huh? Capital laid out if exercised will be USD 55,000 meaning I will need to buy 1000 shares of RDS.B @ 55. Why I am doing this? I really want to buy 1000 shares and my target price is $55.

I still have 40 MPLX @ 25 expiry on 21st February 2020. This one has some risk involved.

Disclaimer: This is for the purpose of record and it is not meant for trade recommendations.

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