$DRAM 261009 48 Put(DRAM261009P48000.US)

I believe that memory still has strong demand for the long term set up. AI infrastructure and data centres are driving up the demand for memory while the industry remains relatively cyclical and supply sensitive. I want to accumulate shares of DRAM but at a lower price.

I sold a put option on DRAM at a lower strike price that I’ll be comfortable owning the shares at. Even if DRAM stays above my strike price, I will keep the premium. If DRAM drops below my strike price, I will be happy to collect the shares at a lower entry price.

I will focus not only on the premium I collect but whether the strike price reflects the price I am genuinely willing to own the ETF at 😄