Mon. June 27, 2022. How our fearless, intrepid investor made out recently and her plans for today

Posted on by Milan Somborac

Last Monday, June 20, our fearless, intrepid investor sold ten covered call contracts on Novavax (NVAX) at a strike price of $48, expiry date Friday of the same week, that is, June 24. (C 24JUN22 48.00).

She also sold 15  covered call contracts on Novavax (NVAX) at a strike price of $52, expiry date Friday of the same week, that is, June 24. (C 24JUN22 52).

She earned immediate premium income in addition to the amount of the out-of-the-money strike price.

We will have details tomorrow, Tuesday, June 28.

So, what are her plans for today (June 27) when the market opens at 9:30 AM?

What is the worst that can happen?

What is the best that can happen?

Over the last few weeks, her “fun” portfolio has grown mainly because of luck and not skill.

YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us
Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me

We have designed the Monday Morning Millionaire Program to offer abstracted investment education. The program does not provide any investment advice or endorsements.

The Monday Morning Millionaire Program has outperformed over 90% of professional managers over the last decade and more. You need to login to see our style. Not a Member? Join Us.