Our fearless, intrepid investor lost $65,700 in 2021, writing (selling) covered calls on Novavax (NVAX) in her “fun” portfolio.
The risk in writing covered calls is entirely associated with the underlying security.
The S&P 500 rose 6.2% in a recent week — its biggest weekly gain over the previous year and a half. Our fearless, intrepid investor rebalanced her portfolios and took profits.
Here are her plans for today. We respect Monday Morning Program members’ time, so our posts are under 500 words and actionable.YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us