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Trade Alert: Closed 3 SESN contracts with max loss

coveredcalls.reinisfischer.com

Trade Alert: Closed 3 SESN contracts with max loss

Reinis Fischer
Sep 14, 2021
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Trade Alert: Closed 3 SESN contracts with max loss

coveredcalls.reinisfischer.com

On September 13, 2021, I closed the second half of the SESN credit spreads and again took the max loss.

A long story short - SESN was trading well above $4 per share about a month ago, but after some negative announcement from the FDA, the stock dropped under $1 per share.

  • Closed 3 SESN contracts with a max loss, Penalty trade & Dividend Capture with WMB

L…

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