Selling RUN puts for income.
RUN moved higher off a key support area alongside other solar energy stocks. A global power shortage (due to challenges at coal fired and nat gas fired plants) is driving demand for solar power.
– Sell (to open) 1 RUN November 19th $45 puts
– Limit: $1.90 or more
– The new position will represent roughly 4.5% of our model.
-Sold 1 RUN Nov 19th $45 Put @ $1.92