Sold federal bank 215 PE at 1.8 today.
I will look for the conversion of this naked trade to a covered one if stock cash level crosses below 219.
Sharing my personal trade.
Overnight risk is involved in this trade.
Totally Risk free 2 percent returns are a bit impossible case in equity markets
Or to cover the risk , one can sell its 232.5 call.
Federal bank can give surprise soon.
I will look for the conversion of this naked trade to a covered one if stock cash level crosses below 219.
Sharing my personal trade.
Overnight risk is involved in this trade.
Totally Risk free 2 percent returns are a bit impossible case in equity markets
Or to cover the risk , one can sell its 232.5 call.
Federal bank can give surprise soon.