Covered Calls with Reinis Fischer

Share this post

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

coveredcalls.reinisfischer.com

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

Reinis Fischer
Aug 20, 2021
∙ Paid
Share
Share this post

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

coveredcalls.reinisfischer.com

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 …
Read more
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…

Keep reading with a 7-day free trial

Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing