Buy to close anet csp contract.

On nov 8/24 open sell put csp
contract for anet at 400 before
recent share split of 1 to 4 shares. The
premium was 750, strike at 360, 69
dte jan 17/25, held 35 days only.
I buy back at 80 to close, collect
89% of premium. As I said before
standard practice is to collect 75%
by law 😃. But there is no law that
states that you must collect 75%,
everything depends on your risk
tolerance, time and circumstances.
You can collect 30%, 50%, 80% and
etc, everything depends on your own
system you have developed over the
years. I certainly dont follow any you
tuber strategy, no matter how good
he or she is.

A trading strategy or system that is good for them might not be your cup of tea. The main takeaway is, always manage your trades at minimum 21dte, or at max 7 dte left.
😊 option trading