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
Leave a Reply
Want to join the discussion?Feel free to contribute!