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REDDIT

Long (buy) put with no shares

R
Feb 13, 2025 · 03:08

Say I have a put that's right at market trade price (no more than 1$ away from it). Also in this case I don't currently have shares. Do I want to buy shares and sell a call again close to market price or just gamble that week with the put expiring useless for the cost of buying if the market does drop