In this example, if NVDA drops to 90 ...

You will be assigned at 108, but your 3rd put position will protect all the drops from 104-90, so you get stocks for free

From 104 to 108, you are also covered by the spread profit from 112-108.

所有跟帖： 

• 3xing 做的非常對，非常看好女大，但要壓低買價 -cnrhm2017- ♂ (0 bytes) () 03/27/2025 postreply 12:33:00

• 如果跌倒90， 你不會被assigned，+ 104 + 112 - 108 -108 = 0 需要自己下單買入 -老夏新生- ♂ (0 bytes) () 03/27/2025 postreply 12:42:17

• It’s not free. It’s you can buy at $90, right? -QQQ2074- ♂ (0 bytes) () 03/27/2025 postreply 12:42:35

• That's what i mean... compared to buy today at 110 -三心三意- ♂ (65 bytes) () 03/27/2025 postreply 12:44:12

• Of course stock itself will not be free -三心三意- ♂ (0 bytes) () 03/27/2025 postreply 12:44:34