Feb 14, 2019. The General Dynamics saga is going on . I take advantage of this correction to place my new order.
Big resistance at 175 (OTM Call) but not big supports . Under strike 167.5 premiums are really scarce.I am a little bit over my standard deviation but the first strike under 1std is 165 and return is really low. Anyway in case of assignation I am available to own it.
There is activity around 167.5 I think overthere I will place my CSP.
Conclusion : Sold 1 Weekly GD Cash Secured Put , strike 167.5@48 Expiry Feb 22, Weekly return 0.28% AROI 13%