Breakthrough new technology, remarkable returns, followup

Yesterday’s post, Monday, August 24, noted that one of our members made more than $21,000 for the week on a $500,000 portfolio, writing covered calls on Novavax (Symbol NVAX). She did so before breakfast.

Through the course of the day, NVAX dropped significantly and she lost a great deal of money on the stock itself.

However…

…this is the fourth week in a row in which she made over $20,000 writing covered calls on NVAX. That certainly takes some of the sting out of the loss on the stock itself.

The risk/return relationship is evident here. The greater the risk, the greater the potential return but also, the greater the potential loss.

Next Monday, she will likely earn a derivatives premium of over $20,000 for the fifth week in a row.

Please note that the Monday Morning Program supports index investing.

I will keep you posted.

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The Monday Morning Millionaire Program was designed to offer compressed investment convictions. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.

The program does not provide any investment advice or endorsements.

With fewer than 250 words, members can read this post in less than five minutes. Following and studying the links imbedded in these posts would take longer. How members manage a post depends on their level of interest and investing knowledge.

 

 

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

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