william the wie
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- Nov 18, 2009
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Trying to sell puts in this market is a nightmaere
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/----/ I don't know what trading platform you use. I have TD's Think or Swim. When you pull up the options chart in the TRADE tab, there are three bits of info you can use to help trade puts and calls. I set the preferences at Probability ITM. It shows the 27 Dec 2019 400 Put for Shopify (SHOP) trading at $409.63 is 65 cents to sell. Now look at the 15.29%. That means the Put has only a 15.29% chance of being assigned. The other red circled number in the right-hand corner shows what the market makers estimate of the volatility meaning they say the stock will only move up or down $7.49 before expiration. So if you sell the Put at $400 or less you most likely won't get assigned.Trying to sell puts in this market is a nightmaere