Rolled Forward 1 Covered Call on SESN; Potential Income loss 65% in 105 days
On October 15, 2021, I rolled forward 1 covered call on SESN stock expiring on November 19. For this trade, I got $15 (before commissions)
Originally this trade was opened on August 9, 2021, as a credit spread.
Here is the trade setup:
SLD 1 SESN NOV 19 '21 1 Call Option 0.15 USD
What happens next?
On the expiry date, November 19, 2021, SESN is trading unde…
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