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TRADE: InterActiveCorp Inc. (IAC) Short Put

December 7, 2022

Ticker: IAC

TRADE INSTRUCTIONS

Sell to Open IAC Jan 20 2023 $45.0 PUT (not the Call!)

Aim for a NET CREDIT of $2.0 to $2.5 per contract (you will receive between $200 and $250 in option premium as income into your account).

Keep in mind that you need will to have around $4,300 in cash or the equivalent in margin available on your account per contract that you sell prior to making this trade.

Our ultimate goal is to acquire the stock at or below $45. Market volatility and weakness in IAC’s stock price are pro