Inspired by Chicken Genius. Sold put for TSLA. 1 year out
After watching Chicken genius video (link below)
Decided to try 1 year put. Usually monthly put, occasionally weekly. But never on yearly. I don't a big account like his, thus I can only sell 1x contract at 530SP instead of 1000SP from his video.
Application is the same though. My breakeven is around 480 for TSLA BY 2023 Jan. Anything above that I'm profitable. If TSLA is below that, I can just roll over if I do not wish to be assigned.