Our fearless, intrepid investor averaged 14% annually in her “fun” portfolio writing 10 covered call contracts on Novavax (NVAX) on Mondays, expiry dates on Fridays of the same week. To lower the risk of being assigned, she wrote those $10 out of the money instead of the usual just out-of-the-money sale, as she did in the past.
For details, go here.
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