3M 2 : Cash Secured Puts

May 29, opened a new position on 3M.

Open Interest Chart

Big ITM Put @165 (bearish sign) and first OTM put @160 and 152.5 (potential supports).

I am going to stay under 1 STD and available to own it in case of assignation. Good premium @155.

Conclusion: sold 1 CSP, strike [email protected], expiry June 7, Weekly return 0.39% AROI 15.9%