Partial Roll Forward and Down 4 Credit Spreads on RIDE – 6.75% potential income return in 74 days

Aug 19, 2021

On August 18, 2021, I did a partial roll forward and roll down on a credit spreads I established at the start of August on RIDE stock.

Covered Calls with Reinis Fischer

Sold 6 Credit Spreads on RIDE – 7.53% potential income return in 25 days

On August 02, 2021, I sold 6 bull put credit spreads on RIDE stock with an expiry set in the next 25 days. For this trade, I got a premium of $271.20 (after commissions) RIDE - Lordstown Motors Corporation is an American electric vehicle automaker located in Lordstown, Ohio. The company is based out of the Lordstown Assembly plant which previously belo…

2 years ago · Reinis Fischer

While holding 6 credit spreads on RIDE stock with expiry on the next Friday, and while the stock has been failing and touching my strike prices, I decided to spread the risk and not take a full assignment of 6 contracts o…

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