Roll forward and up 1 Covered Call on SOLO stock - Potential income return +21.6% in 162 days
On May 06, 2021, we rolled forward and up 1 covered call on SOLO stock expiring on September 17, 2021 . For this trade, we got a $51 premium (before commissions)
We have been in this trade since April 2021, when we bought 100 shares of SOLO at $5
here is our trade setup:
SLD 1 SOLO SEP 17 '21 5 Call Option 0.51 USD
what can happen next:
SOLO is trading below…
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