Does it make more sense to sell puts instead or buy shares?

Yes but no different than if you held the stock.

 

Are you looking to set up another credit fly?





(Based on my TA)

 

OK had time to check. No my sheet was correct..the price had changed. On SEP6 the 16.50 put would be worth $1.26 with price at 15.24 (16.50-15.24) so you gain (1.61-1.26=.35) where the stock would only gain .24 so .11

 

I'm not a vol trader but the vol seems high (?) in the weekly options for MARA.
If you're willing to add to your position, you can sell the Sept13... 15 Call & 15 Put for ~1.73.
You're essentially selling 100 shares @ 16.73 if it closes above 15 OR you're adding 100 shares @ 13.27 if it closes below 15.

 

For all the BS you spout on how good a directional trader you are,every trade you put on wreaks of being a complete noob.

Stock is at 15,your ridiculous price target is 16.60,and you want to sell the 16.50 put with 11 cents of extrinsic???

WTF Lambo loser??

The master of Elliot Wave is bullish on Mara,but is short the embedded call for 11 f-n cents??

I guess if you are never right,every penny counts...

 

My break even is I think around 19 so not selling calls right now...or only calls that I don't think will exp itm....just closed a 16.50 call I sold last week.

 

So I guess the idea would be to go farther out to capture more extrinsic value that is going to bleed off.

 

He's just awful. I have MARA on my screen 13 handle. Wow. What's the MTM on his options?

 

MARA is a home run relative to CLSK..

Long at 23 trading at 8