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Reallifetrading
Mar 22, 2023 3:22 PM

Another unlosable position on PINS  Long

Pinterest, Inc.NYSE

Description

Selling the regular April $29 covered call.
Using the premium to buy a 25.50 April put.

This creates an unlosable position into April. My DCA is 23.95 ish. On 4000 shares I get paid $1,200 for this trade.
And either WIN or WIN
:-)

SWEET.
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