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Tips, tricks and trade breakdowns? It’s all in my FREE Telegram channel (click to join)! Hey traders, Whenever I talk about naked puts… people love the idea of “selling a promise” as I like to call it… But the conversation inevitably turns to, “Yeah, but what if I get assigned the stock?” I’ve often talked about how hard it is to get assigned a stock, even when you want to get it assigned to you. I’ve sometimes gone months selling put after put without being assigned! But to give you an up-close look at how hard it is to get assigned, there’s a live example going on right now that I think you’ll find interesting. Last week, one of my behind-the-scenes crew took over for a day to talk about his experience selling naked puts on CDLX. A few days after he sold the put, the stock plunged 40%. Click below to continue reading… |
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