Short Strangle of F stock, Recovery trade (Potential income loss -13.35% in 172 days)
coveredcalls.reinisfischer.com
On November 24, 2023, I sold additional short strangle on F stock. At the start of November, I got assigned 100 shares with F stock at 14. A position I originally started back in July 2023. As I’m unable to sell above my current break-even price to receive enough premium, I decided to sell a covered call option near the strike price + sell an additional put option for additional premium - forming the so-called
Short Strangle of F stock, Recovery trade (Potential income loss -13.35% in 172 days)
Short Strangle of F stock, Recovery trade…
Short Strangle of F stock, Recovery trade (Potential income loss -13.35% in 172 days)
On November 24, 2023, I sold additional short strangle on F stock. At the start of November, I got assigned 100 shares with F stock at 14. A position I originally started back in July 2023. As I’m unable to sell above my current break-even price to receive enough premium, I decided to sell a covered call option near the strike price + sell an additional put option for additional premium - forming the so-called