Risk Reversal Covered Call + Protective Put…

On September 1, 2022, I rolled forward and down 1 covered call on the INTC stock (NASDAQ: INTC) with a new expiry date set on September 09, 2022. Additionally, I bought a protective put, to stop the bleeding. That’s right, Intel stock has dropped more than $2 since last week, and it seems the bleeding will continue. This morning (Tbilisi time) I was looking through some charts and saw a potential comeback at $36, but I have no idea when it could happen. Next few weeks or months.

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