I sold a put spread in Alcoa. Its options have a decent volatility component so I was able to collect a solid credit of 1.28 on a 3.00 wide spread making the maximum theoretical loss equal to $172 per spread. I will try to buy back the spread for about half of the credit amount if the opportunity arises.

  • Sold AA 08/20/21 Put 35.00 @ 2.74
    Filled at: Jun 24, 2021 9:35:10 AM EDT
  • Bought AA 08/20/21 Put 32.00 @ 1.46
    Filled at: Jun 24, 2021 9:35:10 AM EDT
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