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REDDIT

PMCC on high IV options.

H
Feb 13, 2025 · 02:28

Hello everyone, I bought a RDDT 250c Jan 26 leap today for $4900. The iv was around 74% for Jan 26, however since the stock dropped a lot I will probably lose 50% on this if I sell now.

Can I sell monthly 255c on this as a PMCC strategy since the premiums I paid was quite high due to earnings.