Poor Man's covered call with Virgin Galactic stock(SPCE) - potential income 6.23% in 7 days
coveredcalls.reinisfischer.com
Poor Man's covered call with Virgin Galactic stock(SPCE) - potential income 6.23% in 7 days
On May 21, we bought 1 LEAP call option on SPCE, with expiry on January 20, 2023 (2 and a half years) with a strike price of $10, and simoultenounly sold a weekly call option against this position with expiry on May 28, 2021 for this sell we got an $81 in options premium
here is our trade setup:
BOT 1 SPCE Jan20'23 10 CALL 13.00 USD
SLD 1 false SPCE May28'…
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