- Entry
- $3.63
- Final
- $3.16 -12.9%
- Target
- —
- Score
- +0.90
I’ve been working a covered straddle on RILY the last month and it’s a good time to hop in if anybody else likes running with the covered straddle strategy. Contracts are selling for a great value right now, I just sold a few 3.5$ puts for .16, so over 4% which is great obviously, especially considering it’s the middle of the week. Calls have been selling for over 1% consistently as well over the last month which is really all …
— ORIGINAL POST ·
Covered Straddle
· r/options
· Feb 19, 2025