Sold 2 Bull Put Credit Spreads on NIO Stock – 5.73% potential income return in 15 days (139.41% annualized)
coveredcalls.reinisfischer.com
On June 16, 2023, I sold 2 bull put spreads on NIO stock (NYSE:NIO) with strike prices at $9.5 and $8 with expiry on June 23, 2023. For this trade setup, I was rewarded with $43 (after commissions). Nio Inc. is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations
Sold 2 Bull Put Credit Spreads on NIO Stock – 5.73% potential income return in 15 days (139.41% annualized)
Sold 2 Bull Put Credit Spreads on NIO Stock …
Sold 2 Bull Put Credit Spreads on NIO Stock – 5.73% potential income return in 15 days (139.41% annualized)
On June 16, 2023, I sold 2 bull put spreads on NIO stock (NYSE:NIO) with strike prices at $9.5 and $8 with expiry on June 23, 2023. For this trade setup, I was rewarded with $43 (after commissions). Nio Inc. is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations