SIR
SIRI
stock
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Selling a $4.50 put option on Sirius (trading at $4.89) with a 1-month expiration for $0.32. If Sirius falls below $4.50, the seller is obligated to buy 100 shares at $4.50. If it stays above $4.50, the seller keeps the $0.32 premium.
"Sirius is currently at $4.89 a share and let's say that you think that it's a good buy at $489 a sha..."
Oct 15, 2023
Pending
The $4.50 put option for Sirius (expiring in about one month) is trading at $0.32.
"so take a look at the 450 put option those are selling for 32"
Oct 15, 2023
Pending
If Sirius stock stays above $4.50 after one month, selling the $4.50 put option yields a $0.32 premium per share, representing a 7.1% ROI in one month (85% annualized).
"scenario number one Siri stock stays above 450... Regardless in any of these events the price remain..."
Oct 15, 2023
Pending
If Sirius stock falls to $4.40 in one month, the purchase price after accounting for the $0.32 premium is $4.18. This results in a profit of $0.22 per share, representing a 15% discount from the initial $4.89 perceived buy price.
"scenario number two Sirus stock Falls to 450 or below so let's say that after 1 month Sirius Falls t..."
Oct 15, 2023
Pending
If Sirius stock plummets to $1 in one month, the effective purchase price after the $0.32 premium is $4.18. The loss is $3.18 per share, a 76% decrease from the $4.18 effective purchase price.
"here's scenario number three Siri stock plummets so Siri at 489 and remember the deal if Siri Falls ..."
Oct 15, 2023
Pending
The $4.50 put option for Sirius, expiring in 22 days (approximated as one month), is selling for $0.32.
"so we're using Sirius S II which is at $4.89 a share here's the options chain for serious and we're ..."
Oct 15, 2023
Pending
When Sirius stock falls to $4.40 after selling a cash-secured put with a $4.50 strike and receiving $0.32 premium, the effective purchase price is $4.18, representing a 15% discount from the original $4.89 price.
"by going with a cash secured put you bought Siri for 418 so you got a much better deal on the stock ..."
Sep 12, 2023
Pending
If Sirius stock plummets to $1 after selling a cash-secured put with a $4.50 strike and receiving $0.32 premium (effective purchase price $4.18), the investor would be down $3.18 per share, or 76%.
"if Siri plummets to $1 you will be forced to buy Siri for 450 so yes you did get paid 32 cents for m..."
Sep 12, 2023
Pending
If Sirius stock falls to $1, an investor who bought it outright at $4.89 would be down 79%, whereas an investor who used a cash-secured put (with a $4.50 strike and $0.32 premium) would be down 76%.
"if you thought that ser was a good buy at $489 and you bought it at $489 if it falls to $1 then you ..."
Sep 12, 2023
Pending