Yesterday I sold an option that was outside of the trading rules I had originally set up. Not bad though. Instead of my usual Delta of 0.3, I went with one that had a Delta of 0.4 and was in the money. Hopefully, this does not bite me in the ass.

We shall see.

The trade…

• Sell – SOS $2.50 19 Nov 21 Put 100

Net account value – $522.58

As always, Webull (a link that can earn us free stocks) is my trading platform.

*I am not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and I am not qualified to give financial advice. Investing/trading in securities is highly speculative and carries an extremely high degree of risk.