Covered Calls with Reinis Fischer

Share this post

Roll Forward and down 8 Covered Calls on SNDL - Potential income return -43.08% in 130 days

coveredcalls.reinisfischer.com

Roll Forward and down 8 Covered Calls on SNDL - Potential income return -43.08% in 130 days

Reinis Fischer
May 10, 2021
Share this post

Roll Forward and down 8 Covered Calls on SNDL - Potential income return -43.08% in 130 days

coveredcalls.reinisfischer.com

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 …

Keep reading with a 7-day free trial

Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing