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Established New Covered Call on NKLA; Potential Income return 7.05% in 65 days

coveredcalls.reinisfischer.com

Established New Covered Call on NKLA; Potential Income return 7.05% in 65 days

Reinis Fischer
Aug 20, 2021
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Established New Covered Call on NKLA; Potential Income return 7.05% in 65 days

coveredcalls.reinisfischer.com

On August 20, 2021, I got assigned 100 shares with NKLA stock at the price of $13 per share. Luckily this was a part of the credit spread, and I had my protection at $11.

This trade was originally established as a credit spread on July 21, 2021

When the stock market opened Friday, August 20, I sold my protection for $1.35. Thus, making my average buy pric…

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