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claypuzzle
Aug 11, 2021 2:11 PM

BTI short naked put Long

British American Tobacco Industries, p.l.c.NYSE

Description

Dividend stock
Into strong DBD demand with strong imbalance
Stacked demand
Proximal Blue demand tested once, this is 2nd test

Would like to own BTI at 33, but seems it will never get there, so will sell puts until it does.

Sold 35 strike below distal low, Sep 17, 38 DTE from yesterday, for 8.23% AROI
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