Entering Into New Short-Term Trade - AG
🕑 Added 2025-12-08 19:05:00 +0000 UTCI am entering into a new short-term position.
I am repeating the cash-secured put trade for AG for a January 9th, 2026 expiry at a $14 strike for approximately $0.77.
Essentially, I am writing a put option (which means I am selling the put option). The contract expires on January 9th, 2026. If AG is at $14 or below on January 9th, then I will be obligated to buy AG for $14/share on January 9th. I am getting paid $0.77 a share to write this contract (the premium). If AG is above $14/share on January 9th, nothing happens and I keep the $0.77 a share.
I am hoping it does NOT go below $14 by January 9th. If it does, I will take the shares (get assigned the shares) and will either hold the shares or do covered calls.

Comments
Jeffrey Ragusa
Wow!! Thanks Brian! Just closed my ag position…I ended up buying $15 calls expiring tomorrow. Great 4x profit. I appreciate you
John
Nice.