NAT | January 10, 2021 The Wheel Options Strategy

  • NAT showed up on my screener because it had a large IV percentile increase recently
  • Fundamental analysis shows it is unlikely to go bankrupt despite the fact that it is close to an all-time low
  • A recent insider purchase
  • Technical analysis shows a potential upside
  • Discussed why I like to focus on selling Put rather than trying to find stocks that will likely to trend higher
  • 7% return in about 40 days at $3 strike with a cash-secured account

 

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