UNH bounced from the $248.88 low and will probably not hit new low the following week. IV was relative high due to volatile stock price movement. Hence, setting up naked shorts on OTM puts.
Max potential profits: $1,000+ premiums on May 23
Exit strategy: buy back gradually if UNH price crosses down $240 to secure positive results; otherwise, close all on May 23
Instrument Entry Date
UNH 23MAY25 200P 2025-05-15
UNH 23MAY25 210P 2025-05-16
UNH 23MAY25 225P 2025-05-16
========== STATS ==========
Number of traded instruments YTD: 20
P/L YTD: $2K
Win rate: 100%
Max potential profits: $1,000+ premiums on May 23
Exit strategy: buy back gradually if UNH price crosses down $240 to secure positive results; otherwise, close all on May 23
Instrument Entry Date
UNH 23MAY25 200P 2025-05-15
UNH 23MAY25 210P 2025-05-16
UNH 23MAY25 225P 2025-05-16
========== STATS ==========
Number of traded instruments YTD: 20
P/L YTD: $2K
Win rate: 100%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.