$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ puts back to 29
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10baggerbamm : you just bought the 29 puts for what Friday's expiration?
10baggerbamm : I sold a hundred put contracts 27 strike, early this morning on weakness.. collected a nice juicy premium and as long as they stay above those strike on Friday I win.
Fructose Father OP 10baggerbamm : i didnt buy it yet till now but yes i think it should go back down to 29 and then bounce back up
10baggerbamm Fructose Father OP : it would take a real shock at this point anything can happen obviously but it would take a hell of a shock we have the PPI tomorrow I don't believe there's anything on Friday so a bad number tomorrow maybe could cause a problem but truthfully when you get CPI it gives you an idea where ppi is going to be so that's why I sold the puts because I don't see it taking a dive between now and Friday