On November 30, 2021, I sold 1 call option on SDC stock with a strike price of $3 and expiry this Friday. I don't have actually 100 shares to deliver if challenged.
In case of danger, I will roll up and forward this call option.
This is not trading advice. Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.
here is the trade setup:
SLD 3 SDC DEC 03 '21 3 Call Option 0.09 USD
What happens next?
On the expiry date, December 03, 2021, SDC is trading under $3 per share - options expire worthlessly and I keep premium - if SDC trades above $3 I'm troubled as I need to deliver shares I don’t have, to avoid such a scenario I will try to roll up the strike price
Break-even price: $3+$0.07= $3.07
Create your profile
Only paid subscribers can comment on this post
Check your email
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to log in.