With SoFi Technologies (SOFI) at $13.50 I just sold 5 Puts. This is a long term Put going out to December 19th. I keep reading about how this stock is gonna move this year. I figured I would bring in some premium money. I’m hoping the stock does move up so I can cash in early so I don’t have to hold the position until December. But, if I have to, no problem, I brought in a nice premium for a low priced stock.
6/3/25 – Sell to Open 5 SOFI 12/19/25 $13.00 P @ $1.87 (+$935)
When the market is moving up it’s a great time to bring in premiums.
Successful trading,
Steve
The Options Coach