Another Partial Roll Forward and Down 3 Credit Spreads on NKLA –1.45% potential income return in 121 days

Aug 20, 2021

∙ Paid

On August 20, 2021, I did another partial roll forward and roll down on a credit spreads I established at the end of July on NKLA stock.

Covered Calls with Reinis Fischer

Sold 5 Credit Spreads on NKLA – 3.7% potential income return in 30 days

On July 21, 2021, I sold 5 bull put credit spreads on NKLA stock with an expiry set in the next 30 days. For this trade, I got a premium of $243 (after commissions) Nikola Corporation is an American company that has presented a number of zero-emission vehicle concepts since 2016. The company has stated on several occasions that it intends to take some …

2 years ago · Reinis Fischer

While holding 3 credit spreads on NKLA stock with expiry today, and while the stock has been failing through the roof and touching my strike prices, I decided to spread the risk and not take a full assignment of 3 contr…

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