BUY to CLOSE TSLA $390 Puts

Buying to Close TSLA $390 Puts for $1.84

Realized gain of $1.66 (0.42%)

Another successful put option trade!

I had my best investing year every in 2019 by exclusively selling puts. I sold all of my other positions and didn't trade anything the entire year. Just sold puts. I thought the market would grind higher and didn't see much risk of a decline, so it was the perfect setup. 

2020 has been a completely different year. So I've had to change.

Even now, I don't see selling puts like I did in 2019 as a viable strategy. But that doesn't mean I can't actively trade put options!

Selling puts on expiration day reduces the risk that the stock will fall. It lowers the return potential, but that's why I gross up my position size.