Last Monday, February 8, 2021, our intrepid, fearless investor sold 14 contracts of Novavax (NVAX), expiry date Friday, February 12, 2021, strike price $305.00 (C 12FEB21 305.00) and immediately pocketed $23,179.80 — more money before a late breakfast that day than she ever netted in two weeks when she was practising dentistry.
She first needed to buy the 1,400 NVAX shares because they were called away from her on the previous Friday, February 5, 2021. These cost her $298,382.00.
Her ROI on this transaction? 7.77% in one week! ($23,179.80 divided by $298,382.00 multiplied by 100) Multiply that by 52 to annualize it!!
And what are her plans today for this fun portfolio when the market opens at 9:30 AM?You need to login to view the rest of the content. Please Login. Not a Member? You can now sign up for a one-month free trial membership. Join Us