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SOLD RIG Aug20’21 4.5 PUT @ 0.7
- biasfolio
- Jul, 01, 2021
- options trade
- No Comments
SOLD RIG Aug20’21 4.5 PUT @ 0.7
https://simplywall.st/stocks/us/energy/nyse-rig/transocean
Estimated Stock Price at time of sale: 4.52
Reason: Large insider buying and undervalued compared to fair price (as per simply wall.st). cost basis of 3.80 is below fair value and insider purchase price. So even if assigned is still ok to hold and sell covered call against if assigned.