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Trade for the week of 10/27/2023
Quote from Admin on 23 October 2023, 12:07 pmThis week's trade:
Stock Call/Put Expiration Date Contracts Strike Premium Cashflow Percent
WW Put 10/27/2023 1 $ 8.50 $ 0.05 $ 5.00 59% Total cash flow so far: $84
And our expected yield for the year: 25%
This week we are moving away from RIOT. It is seeing explosive upward action which means it is more volatile and could get us caught in an assignment. But that doesn't mean that is a bad thing. It could be a great option stock. There are other stocks in our premium data that look equally interesting and could net bigger returns than we are seeing. Become a member and see for yourself.
This week's trade:
Stock | Call/Put | Expiration Date | Contracts | Strike | Premium | Cashflow | Percent |
WW | Put | 10/27/2023 | 1 | $ 8.50 | $ 0.05 | $ 5.00 | 59% |
Total cash flow so far: $84
And our expected yield for the year: 25%
This week we are moving away from RIOT. It is seeing explosive upward action which means it is more volatile and could get us caught in an assignment. But that doesn't mean that is a bad thing. It could be a great option stock. There are other stocks in our premium data that look equally interesting and could net bigger returns than we are seeing. Become a member and see for yourself.