Sold Put Option on WFC – 1.25% potential income return in 36 days
On April 5th, 2023, I sold an additional 1 put option on Wells Fargo stock with a strike price of $31 and expiry on April 28, 2023).
For this trade setup, I was rewarded with $18 (after commissions), which would yield about a 1.25% return in 36 days if the put option will expire worthless.
Originally I started this position on March 23, 2023, and I'm loo…
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