META Apr $700-$710 Call spread, it will cost $2 and the upside is 5x.
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if you have margin, don’t do this cash secured puts,
$C Jan 26 $40 Put; 2026 EPS $7.75; Dividend $2.24
$WFC Jan 26 $40 Put; 2026 EPS $5.88; Dividend $1.6
$TFC Jan 26 $30 Put; 2026 EPS 4.06; dividend $2.08
$WY Oct $22 put; At that price you are getting 1 acre of timberland for $1500; And you get their wood processing plants, and all others for free. Of course their sustainable dividend of $0.8
Look for insider buys!!! There are many insider buys in the last 2 days.
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REIT’s which typically have very low volatility, and mostly decent visibility. Typically their options trade very thinly and the bid-ask are very wide. However, recently the implied volatility has increased, almost double their historical volatility. If you know your name, you can write some puts.
During April low’s while in spite of my fear’s I managed to sell $C, $WFC, $TFC and $WY puts and few other names I didn’t mention.
As of today, I have closed them all. At that time, even in my wild imagination I was expecting $C to be at $85+; On hindsight, I wish I had sold $C $60, $70 puts instead of $40 puts.. Not complaining but still complaining 