Roll Forward and down 8 Covered Calls on SNDL - Potential income return -43.08% in 130 days
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Roll Forward and down 8 Covered Calls on SNDL - Potential income return -43.08% in 130 days
On May 4, 2021, we rolled forward and down 8 covered calls on SNDL stock expiring on June 18, 2021. For this trade, we got a $80 premium (before commissions).
We originally entered this trade as a put ratio back spread, in February. Our average buy price USD 2.27
As SNDL stock is now trading under a dollar, we are troubled a lot, but I decided to give it …
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