Premium & Expert Swing Trades
Overview –

The following is an aggressive options idea with Cronos.  Since the market is in a vulnerable position over all we assume this is a higher risk trade, but in the end, we do not mind owning the stock.

Sell the March 29th PUT 20.0 Strike at 1.25

Our strategy is to sell one contract now and if the market pulls back add another contract at a lower price.  This is cash covered and we have the cash in the event we are assigned the stock.  Keep in mind these markets can pullback more and 16-18 is a possibility so you must be able to take that pain.

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