### Comment:
did you sell a single 1635 put or did you sell 100 1635 puts. i dont understand, how does someone decide you need to order something and where does the 2k premium come from?

### REPLY:
Sold one put. You get 2k premium cause IV is high. There’s implied volatility meaning, a big move is expected, so options buyers gotta fork over big premium for the “right to play,” that is, the right to buy an option.

### END.