NBIX is a great company and attractive now, partly because it fell 23% in the past month and has the highest implied volatility, making put selling interesting; the speaker is comfortable owning it and considers the 155 strike (about .3 delta) excellent.
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The next stock will be NBIX and it will be really good because NBIX has the highest implied volatility. So, selling a put option on my NBIX is going to be pretty interesting, to say the least.
Now, I have a 155 put option that I sold and you can see that I did it just 4 days ago, but my risk management is not a concern for this video. The real question is how much money can I make from this video.
So, I'm going to open a sell put and obviously I'm comfortable with this stock, so I'm not saying I'm doing this just for the video , but something in between , you know ? So, let's go to 155.
I will open at the same strike price because if you expand 155 , you will see a delta of about .3. So, I did some research and I have to say, NBIX is a great company. I really like where NBIX is now, especially because NBIX has had a lot of price drops.
So, I'm going to enter NBIX right now. I'll show you the technical aspects, because you may know that the AI ( financial independence) market has been very volatile so far in October and many AI stocks have fallen in price, and the price of NBIX has fallen 23% in the last 1 month alone.
I recently made a video about the top five stocks I would buy, and NBIX was one of them, so I went into a lot of detail about why I like the stock. I won't waste time explaining why , but NBIX is a great company, I researched it in my other video.
So, the 155 strike price is excellent. I will probably sell two contracts here and I will do it for 14 and 50. Actually, let's go to 1445 , so I do n't have to go back and waste time.
So, let's submit it and if I collect it, I think I'm pretty close. Okay, $2,890 raised. I will add it here. I think I'm very close to $10,000. I'm not doing the calculations directly now, but I think I'm pretty close. So, I'm going to enter NBIX right now.