Market didn't really move much today with light volume, which was expected. I wasn't looking to add on many positions between now and the new year. However, I also didn't want my money just sitting there so I decided to sell NFLX puts. Grabbed the 165 strike for .25 premium. This gives me 10.9% cushion at 18points with a return of about 2%. This will give me a nice return without really putting my money at harm. If for some unseen reason Netflix takes a turn for the worst I have a stop-loss if the premium doubles to .50.
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