Rolled Forward 1 Covered Call on SESN; Potential Income loss 58% in 168 days
On November 19, 2021, I rolled forward 1 covered call on SESN stock with a new expiry date on January 21, 2022. For this trade, I got $7 (after commissions)
Originally this trade was opened on August 9, 2021, as a credit spread.
Here is the trade setup:
BOT 1 SESN NOV 19 '21 1 Call Option 0.14 USD
SLD 1 SESN JAN 21 '22 1 Call Option 0.26 USD
What happens n…
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