Covered Calls with Reinis Fischer

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Trade Alert: Closed Credit Spread on VIAC with max loss (-$76.6)
coveredcalls.reinisfischer.com

Trade Alert: Closed Credit Spread on VIAC with max loss (-$76.6)

Reinis Fischer
Oct 27, 2021
Share this post
Trade Alert: Closed Credit Spread on VIAC with max loss (-$76.6)
coveredcalls.reinisfischer.com

On October 29, 2021, I closed a credit spread on VIAC stock I originally established at the end of September.

Sold 1 Credit Spread on VIAC – 0.64% potential income return in 31 days

Since establishing this credit spread with strike prices of $39 (short) and $38 (long), the stock prices have only dropped and today it broke under the $36.

Now, not willing to take an assignment on this stock, I decided to close this contract with a max loss

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