Covered Calls with Reinis Fischer

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Call Bear Spread on Tesla with Potential 3.9% Return in 16 days

coveredcalls.reinisfischer.com

Call Bear Spread on Tesla with Potential 3.9% Return in 16 days

Reinis Fischer
May 3, 2023
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Call Bear Spread on Tesla with Potential 3.9% Return in 16 days

coveredcalls.reinisfischer.com

On May 3, 2023, I sold 1 call bear spread on Tesla stock with strike prices at $190 and $195 with expiry on May 19, 2023.

For this five-dollar-wide credit spread, I was rewarded with $19.50 (after commissions).

About 3.9% potential return in 16 days, if options expire worthless.

Short delta 0.08, or about 92% probability that the trade will expire worth…

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