EXPLORING ALL OPTIONS LLC
TAMPA, FLORIDA

Michael McRae, sole proprietor of Exploring All Options LLC, is a professional trader, entrepreneur, and option trading coach who is passionate about teaching others how to trade options successfully. His goal is to help you learn to successfully trade options. He has 25 years of experience trading stocks, options, and futures with the last 12 years trading full time focused on oil and gas, alternative energy, and technology. He takes a different style approach to option trading than most as primarily an option seller harvesting premium trading. He is not an option buyer looking for a large win every day, but rather uses strategies to consistently earn 2% a month over a longer term. Ambarella, Inc. is a developer of low-power, high-definition and Ultra HD video compression and image processing products. In this trade 20 May (4) $48 Puts were sold at $1.50 per share. The expected premium is $3,000 at expiration. Historically I have sold Puts when AMBA trades around $50 per share. This is an opportunity to go long AMBA shares at a discount to market.