In the LTP, let's sell 1 GOOGL 2024 $2,000 put for $200 ($20,000). I think we have good support there - $2,400 is right about 20x so $2,000 is about 17x and our net $1,800 is 15x and we can always roll from there.
We're obligating ourselves to own 100 shares of GOOGL at net $1,800 so $180,000 so make sure it fits in your portfolio but nice to get paid $20,000 to promise to buy GOOGL 25% off the current price.
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