Applied Digital (APLD) is not the strongest company but it is growing. Applied Digital shares have seen increased momentum since the company signed long-term lease agreements with AI hyperscaler CoreWeave Inc (CRWV). APLD hit an all time high of $15.42 on Friday. Today I decided to take a shot at selling Puts. I am in this position for the premium. I sold 4 APLD 6/13/25 $13 Puts for a premium of 53¢ for $212 on the 4 contracts.
6/9/25 – Sell to Open 4 APLD 6/13/25 $13.00 P @ 53¢ (+$ 212)
I give this trade a Risk Factor 2. If I get assigned I will sell Calls on the shares. Grasshoppers I would like to stick to Risk Factor 1 trades.
I also have an order in to sell 1 $130 Put contract with CRWV. I’ll post as soon as I get filled.
Successful trading,
Steve
The Options Coach