General Dynamics 3 : Sold Cash Secured Puts

General Dynamics today is trading over $170 . Tomorrow expire my CSP strike 162,5 and I’ll collect my premium. I am looking for opening  my new position .

Open Interest

There is a good support @162.50


Few Put volumes @162.5 but a little bit better @160

Max Pain

Max Pain @162.5
I try to place my put @160 well under 1 standard deviation.
FInal Conclusion : Sold 1 Weekly CSP strike 160@0.67. Expiry Feb 1, 2019 Weekly return 0.4% , Annual return on investment  21.8%

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