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Reallifetrading
Oct 27, 2017 9:32 PM

put sale on AAL? Long

American Airlines Group, Inc.NASDAQ

Description

IF one doesn't mind owning shares at a 20% discount, from where it is now, one could consider this play.
Getting paid to be paytient.
;-)

I've done this very similar play before

Comment

Just FYI - able to buy to close for a healthy gain.
Comments
ericpope
So you are selling Puts at .57 and if the stock goes below 40 you get put the stock, but sideways or bullish move you let it expire?
Reallifetrading
@ericpope, you got it
Reallifetrading
@ericpope, Well, if it's below $40 at time of expiration... yes
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