Sold Put Option on WFC – 1.57% potential income return in 64 days
On May 2nd, 2023, I sold an additional 1 put option on Wells Fargo stock with a strike price of $33 and expiry on May 26, 2023.
For this trade setup, I was rewarded with $12.95 (after commissions), which would yield about a 1.57% return in 64 days if the put option will expire worthless.
Originally I started this position on March 23, 2023, and I'm lookin…
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