$Intuitive Machines (LUNR.US)$ how would you like to own LUN...

most people would agree that would be fantastic but the stock is $8.60 some odd cents right now so what am I going to do just set a limit order hope it falls and then maybe my order gets filled??

well you could do that but the chart looks really strong so it may not get to that price point in which case do you have any other ways that you can make money on this stock and not actually own it?

the answer is absolutely

this company has options that expire on a weekly basis October 4th is this Friday.

you can sell puts the $8 strike that expire this Friday and collect right around 25 cents a contract

Ten contracts equals a thousand shares, so if you sell 10 contracts you're going to collect $250

if Friday at 4:00 the stock closes higher than $8 nothing happens you keep the $250 and then come the following week you adjust the strike that you want to sell the put option, and do it again

if this coming Friday the stock closed below $8 then you own the stock you would own a thousand shares but your cost basis is not $8 it would be $8 minus the $0.25 a contract so you would own it at $7.75 cost basis.

so I am going to be selling puts on this company I want to see where the Market opens and I will have my orders placed and I'm going to collect the premium and if the stock gets put to me I'm totally fine because I believe they have a very bright future.