Just sold 1 CRWV 8/15/25 $120 Put with the stock at $143. Collected a nice $12 premium ($1,200).
This sets me up to potentially buy CRWV at an effective price of $108 ($120 strike – $12 premium) if assigned. Otherwise, I pocket the premium, which is what I normally do.
I like the cushion here — ~24% below current price — and happy to own it lower if it drops.
Sell – 1 CRWV 8/15/25 $120 Put @ $12.00
Total Premium – $1200 in 1 month
📈Successful trading,
Steve
The Options Coach