NYSE:X UNITED STATES STL CORP NEW
There are few price levels I would be happy to be put to on US Steel. However, it's more fun to have those premiums in your account and not have to purchase anything. I like the $18 put sale exp 9/9 for .27 because of the labor day holiday I get on extra day of premium...but more importantly X would need to go down another 10% and break through support. Not impossible we shall see. 9/2 less time with a decent return. If you really want to be safe is the $15 put expiring 9/23 for .12 ... I would wait on that and see if X drops some more in order to get more premium. There the $16 level too ...Which on do you like?