Last Monday, February 15, 2021, our intrepid, fearless investor sold 15 contracts of Novavax (NVAX), expiry date Friday, February 19, 2021, strike price $290.00 (NVAX C 19FEB21 290.00) and immediately pocketed $17,970.86 — more money before a late breakfast that day than she ever netted in two weeks when she was practising dentistry.
NVAX soon dropped to $279.00 and she lost $16,500 on the underlying leaving her $1,470.86 ahead on the transaction. ($17,970.86 minus $16,500.00)
She sees her NVAX shares as a money tree which shrinks and grows and shrinks but constantly throws off cash.
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 $12 for a one-year membership. Join Us