Assigned 100 shares SESN; Established Covered Call; Potential Income return 7.5% in 14 days
On August 13, 2021, I got assigned 100 shares with SESN stock at the price of $4 per share. Luckily this was a part of the credit spread, and I had my protection at $3.
When the stock market opened Monday, August 16, I sold my protection for $1.62
Long story short - SESN was hoping for FDA approval for some of their medicine, but in the end, FDA didn’t a…
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