Roll Forward and down 1 Covered Call on Virgin Galactic Holdings (NYSE:SPCE) - Potential income return 8.77% in 42 days
On May 11, 2021, we rolled forward and down 1 call option on Virgin Galactic Holdings (NYSE:SPCE) with an expiry set on May 28. For this trade, we got a $40 premium (before commissions)
We have been in this trade since April 16, when we bought 107 shares of SPCE paying $23.14 per share
Virgin Galactic is an American spaceflight company within the Virgin G…
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