$Intuitive Machines (LUNR.US)$ $7.83 is the moving average a...

so if you sell 10 contracts that's a thousand shares you make 240 bucks it's yours in the bank. if Friday at 4:00 p.m. it closes at $8 or below you're going to get put a thousand shares and that will be what you own it at so you need to have cash or buying power in your account of $8,000 if you do 10 contracts and your cost basis would be the premium that you received $240 less $8,000 so to put you in about $7.86

I sell puts routinely all the time on companies that I want to own and I can't stress that enough if you go a company's a piece of shit I don't want it don't do this because I've been put companies over the years and sometimes you have to wait till the next cycle and then you trade out of it at a profit.

but selling the eight dollar strike that expires Friday you're in it for 2 days and 13 minutes there is no pre-market or post-market trading on options