Trade Adjustment: Rolled Forward and Down 2…

On November 29, 2021, I rolled forward and down 2 credit spreads on the NKLA stock, I originally established back at the start of November 2021. Sold 2 Credit Spreads on NKLA – 2.93% potential income return in 24 days As the expiry date approached (December 03, 2021) and NKLA stock was in the money, and not wanting yet to turn this trade into a covered call or to close with a loss, I decided to roll it out and avoid the assignment this Friday.

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