The recent correction is playing havoc with a lot of investors’ portfolios. One investor seeking some ideas, post his failing Alphabet stock trade. He is hold deep in-the-money credit put spreads on GOOG. (Not GOOGL).
He cannot pay for the shares if assigned as he does not have enough capital available. Let’s review his question and then see some possible answers.
This article looks at 3 ideas which can be applied to this deep in the money credit put spread trade to repair it and make sure there are no losses when the trade ends.
This strategy discussion article is for FullyInformed Members.
Rescue Deep In-The-Money Credit Put Spreads In Alphabet Stock (GOOG) – Apr 10 2018
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.