Pepsi 2: Cash Secured Puts

Yesterday I opened a new position. 
Let’s see where buyers and sellers placed their trades.

Open Interest

Lot of ITM call @114, few OTM put. The biggest OTM put is @112. During the day I found a good entry point in that area and it is under 1 STD.

Max Pain @115

Conclusion:  Sold 1 Cash Secured Put , strike 112@0.47 . Expiry March 8 . Weekly return 0.4% , AROI 17%.

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