I'm looking for good stocks ~$10 to sell puts or covered calls. I'm having quite a bit of difficulty in finding them because the ones i found dont have a premium worth choosing them. I'll make my own research on the stocks you suggest on so if you dont want to don't waste time
Was just curious if anyone here has any stocks suggestions that are around $10 per share that are good for selling calls and puts on. Thank you to anyone that will help me.
~$10 stocks for puts or covered calls
byu/firesbud inoptions
Posted by firesbud
29 Comments
F
$ASAN, premium is quite high, earning next week, risky though.
Covered is for wimps. Naked or nothing!
$OSCR and $IREN had decent premiums before they popped a bit recently. I’ve been doing puts on them
F is a good learner stock but it’s boring and you won’t get rich quickly. Once you have more capital ($2,500), I’d recommend INTC
I’ve tried looking for the same it’s shitty. Just no volume on the chain. You’re better off loading up on some hundred dollar ETF and waiting a few years until you own 100 shares and the price of that is higher and more liquid.
MBX is 15 but any move back toward 12 is a great spot for selling CSP
Intc, bull, rivn
I had a few. They all went to the moon while I waited for them to come back to $10…I got some premium though 😅
Rcat
$10 and below stocks generally carry more risk, otherwise they wouldn’t be so “cheap”. OPEN and OPAD have high volatility right now with all the added attention. ACHR and WULF also have decent premiums and volume. RIVN tends to be fairly range bound as well.
What is the objective? Why do you only want stocks at $10? If it’s lack of capital, have you researched synthetic covered call/poor man covered calls where you buy a long dated call (1 year or more out) and then sell covered calls against that as the collateral. You can find these at roughly the same capital requirement and can control 100 shares of higher value companies.
Ford is a solid choice
GRAB, OPFI, GENI
dont do it, save more money
higher premium = higher iv
just google “high iv stocks under $10” and everything you’ll see everything anyone will post here and more
If we’re trying to stay close to 10 my current watchlist has F (ford) or UUUU (energy fuels inc) in the 11s as a safer and riskier option respectively. If you can go a little higher there’s RIVN, APLD, KSS, BULL. If you’d rather aim a little lower there’s QS or the current craze OPEN. Good luck!
ARCH, SERV
If you don’t mind 12-13 dollar range, I think $TSLL is a good ticker but remember this is a leveraged ETF so it tends to have higher volatility (thus higher premium) and also be aware that if assigned they tend to loss NAV overtime. so these type of ETF are only good for holding short terms. Just a suggestion not a financial advice.
LUNR
I have WULF in my portfolio. They’ve had some good growth this year and Google just made an investment in them, so I think they are pretty safe.
Ford is a solid choice.
Look also at BBAI, CIFR, SERV, UUUU, WOOF.
Good luck!
I’m bullish on UUUU but the high IV makes it a lot riskier than F or ET. SWBI also has earnings soon and I think they could benefit from the recent Sig drama.
I would think $OPEN would have juiced IV right now
Check Market Chameleons high IV report.
I had a solid run on kinfo, one trader was always on my six. Looked at the trades, thought it was a cheap way to win by taking penny trades on way OTM’s.
I got splashed after a 5 month streak at 3-month leaderboard top spot (64 trades 100% WR), but slow & steady wins the race. I see “NameNowTaken” is #1 on 1-year WR screen.
A lot of work for scraps, but works for that one. Might be of interest to you.
Good luck, mate.
MSTU is around $5.25-$5.50 lately and over 100% IV.
$SCHD
Open lol
I’m burned out on sub-10 tickets. Too much downside risk which is hard to recover when that’s all you have. But as others have said, F has been pretty range-bound around $11. It’s $8-9 when times are tough, $13-14 when it’s good. Good learner stock for cc/csp without a lot of risk.
Affirm