Sell put - expired worthless

102504912 : congratz! cash secured put that you sold ? or naked?

Cow Moo-ney OP 102504912 : CSP haha . Don’t dare to do naked. Too risky

I Am 102927471 :

bubbleberrygum : so U earn on the premium correct?

bubbleberrygum : what price was Ur strike? did U buy it itm or otm at that time? for sell puts, we want it to stay OTM right?

Cow Moo-ney OP bubbleberrygum : Yes that’s right

Cow Moo-ney OP bubbleberrygum : My strike price is 380. I didn’t buy it. I sold it, and was sold OTM. And yes, we want it to be OTM

bubbleberrygum Cow Moo-ney OP : thank you! been reading your posts on options since more than a year ago and been trying to do options for two years (still learning so haven't started yet). from being largely clueless when I saw Ur posts, to being able to understand abit clearer on what's happening now, like sell put shld be otm etc. I'm so glad of the journey! haha. slowly but surely. and thx to U also for ur posts here too lols. hopefully I'll use options in a wise way like U guys too nxt time!

bubbleberrygum Cow Moo-ney OP : ahhh yes. sold . haha. to me all new contract fulfilments are a 'purchase' . like in the retail shopping mall scene tho I rmb it was a sell put. haha I need to shift my perspective hahasss

Cow Moo-ney OP bubbleberrygum : Glad that you found my content useful. Everyone has their own timeline. So don’t get pressured into starting your options trading journey because you have been reading up / preparing for 2 years. Trade options only when you’re ready, even if it takes longer than others and I think you’re doing a good job now!