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Portfolio Armor's avatar

Exited the OKLO spread today at $0.97, for a gain of 385%.

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Larry Blomquist's avatar

I'm a new subscriber so this observation is just based on the last few days' posts. It seems your options strategy mainly uses buying calls and debit spreads. Do you sell credit spreads as well? If not, what's the rationale? Thanks.

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Portfolio Armor's avatar

Yes, I do sell credit spreads on occasion. Here's one example where we did that on Tesla over the summer: https://portfolioarmor.substack.com/p/trade-alert-being-tactical-about

I actually wanted to sell a credit spread on a quantum computer company this week, but the stock dropped before I got a chance too. Maybe we'll get another crack on it next week.

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Larry Blomquist's avatar

Thanks for the example. Do you sell put spreads as well as call spreads?

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Portfolio Armor's avatar

Occasionally, though I can't think of a specific example at the moment.

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