Long

CSP Idea

Updated

I just sold a ton of CSP exp 02/17 strike 17. There is a lot of support underneath. Even if I get assigned, I'd hold.

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Well, the stocks were assigned and the market is kicking my ass. Fortunately the 13 level is a strong support. I hope the price bounces up to the 16 level and sell assigned the stocks there to make a profit. I'm not willing to hold them too long, it doesn't look good for the next months:

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I think is finally coming back, to test the 14 level at least:

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Earnings coming on May 1st. I hope it pushes the price up:

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That hurt. At least I made some cash selling calls. Now I'll just wait for a bounce up to sell more calls and keep doing it until the next earnings call, only three months from now. Has been working fine so far:

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ArturoL

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