FAS Put Write Before Rate Cuts

FAS trades at 168.56 with IV at 44.65.News highlights monetary policy shifts and risks for financial stocks.Here is the put write: SELL -1 FAS 9 Jan 26 157.0 PUT Contract @4.64 LMTIf stock closes above 157 on expiration, keep the premium.If stock closes below 157 on expiration, get assigned 100 shares at 157 with adjusted cost basis.Trade stats show win rate of 100% on 15 trades.Read the details in related articles.