Naked Puts

So, I have been out of time most days lately but I still trading.  I've been a fan of naked (cash-secured actually) puts with the market volatility holding good stocks back or bringing them back below support levels.  The volatility has been crazy lately but the ups and downs make selling puts on quality name equities fairly rewarding.

I've been trading OKTA, FEYE and now DDD.  OKTA 40's, FEYE 16.50s and DDD 12s.  Looking at AMD next.

So basically look for stocks you know, look at their average trade support and sell puts where you are comfortable on these pullbacks.  Nothing like a Presidential tweet to make the next morning a great trading day.  Example, and I missed this was Thursday evening's tweet that rocked the futures.  FEYE was at 16.36 in the pre-market after a rocket move the day before.  Unfortunately when I left the gym it was back into the 17.50s.  Another reason to skip the gym.

Happy Trading...