You can also look for Put Debit Spreads.  Keep in mind the mechanics behind these trades.  In. CCS – much like a PCS, you are getting a 25% ROI, but also putting up 4X Margin and risking 4x’s the credit.  So if you did a 95/100 CCS for $1 for a stock currently at $90, and it expires below $95 you get $1 , if it finishes above $100, you lose $4.  Hence you need to make sure those trades are at a 80% or higher win rate, meaning you need a bearish D1, and preferably 2 major lines of Resistance between the current price and the short strike.
1 min read
Mark As Read
Share post
Like post