Trade Call: Sell Cash Secured Puts on HUD8

12 days ago

"So, lets get this out of the way. Im bullish on the business, but Im not chasing the stock here. In the last 6 months, the stock has rocketed up 306%. Im looking to build a position the right way, either on a pullback or through consolidation where the risk gets reset. This is not a core position. This is a high-risk, high-reward name that could explode higher or get chopped in half. So, Im treating it that way with tight sizing and a clear plan. Right now, Im going to sell cash secured puts where the math is stacked in my favor. Im getting paid to wait and if the stock pulls back into my levels, Ill get assigned into a price I actually want to own."

The speaker outlines a trade call on HUD8 by selling cash secured puts. He explains that despite the stock's 306% surge in the last six months, he prefers to build a position on a pullback or during consolidation. The strategy highlights tight position sizing and a clear plan to enter at a more attractive price, positioning it as a high-risk, high-reward opportunity.

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