put options
The IV is insanely high, so its still tough to make money, especially if you're trying for bankruptcy style puts. I was super bummed when I woke up yesterday as I was going to re up to 250 for next week as my news drop strikes in near term.
If my nearer term puts go up dramatically I've been taking a percentage off the table and then letting the rest go just in case. Its been somewhat a consistent and orderly drop so its not great for puts in nearer expiries, and longer term you have to watch IV, etc...
I've sold call spreads as well against the positions.
That the price was for so long over 300 and offering an insane r/r is just amazing. Its still pretty amazing.
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