Covered Calls with Reinis Fischer

Share this post

Sold Put Option on WFC – 1.25% potential income return in 36 days

coveredcalls.reinisfischer.com

Sold Put Option on WFC – 1.25% potential income return in 36 days

Reinis Fischer
Apr 6, 2023
∙ Paid
Share
Share this post

Sold Put Option on WFC – 1.25% potential income return in 36 days

coveredcalls.reinisfischer.com

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…

Keep reading with a 7-day free trial

Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing