HereĀ is an update on the outcome of what our fearless, intrepid investor did her “fun” portfolio when the New York Stock Exchange opened at 9:30 AM on Monday, September 21.
The bottom line is that she did well, almost entirely due to luck. Call me (705-441-4566) if you want to review how to do well selling covered calls without relying on luck.
On September 17, MorningStar analysts estimated that Novavax (NVAX) WAS 8% undervalued now. (See below.)
Accordingly, she planned to go further out-of-the-money to take advantage of the growth which she expected.
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