Sold yet another TSLA May 15 $450 put for $12.05. Now I have sold 7 of the TSLA May 15 $450 puts. Crazy thing is when I sold my first TSLA put last month during the crash, I got paid almost $100 or $10,000 per contract.
I'm on the hook for 17 put contracts total or 1,700 shares of TSLA I have to buy next month if it drops below $450, $420, $380, and $350 price. That's around $90,000 in put premium. I could've collected over $150,000 on the same 17 put premium month ago. I'm saving some room to sell couple more TSLA puts in case TSLA drops big before the puts I sold expire.