I need help managing a bull put; I did not fully understand the trade.

old "proverb"..if you want to be the Dawn,you have to think/trade like the Dawn...

Sell 11/10 PS for .40...
Take .60 point of heat,double down,sell long put out along the way....
Leg into the roll,buy longer dated put on rally...
Get assigned,ride the rally...

In all fairness,that was his recommendation and he was right as of today :)

Dawn,where are you a seller??




I could see dawn post with nothing written on it. He blocked me, which is a good thing. Less wasted time reading idiocy.
But I switched browser for a sec as I was curious about this saga...
Good profit? Long from 11, drawdown of 1$ with the long put, $1.40 without, and now up 0.25 is a good profit?
Blimey
 
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I'm beginning to think @TheDawn's parent/guardian needs to monitor his/her internet time a little better. It may sound mean or funny but it's the most rational explanation.

I'm actually starting to feel bad for the squirt.
 
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