Roll forward 1 Covered Call on SOLO - Potential income return +1.88% in 28 days
On April 30, 2021, we roll forwarded 1 covered call on SOLO stock expiring on May 07, 2021 (weekly options). For this trade, we got a $7 premium (before commissions)
We bought 100 shares of SOLO at $5
here is our trade setup:
SLD 1 SOLO MAY 07 '21 4.5 Call Option 0.07 USD
what can happen next:
SOLO is trading below our strike price of $4.5 at the expiry dat…
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