Mon. March 28, 2022. How our fearless, intrepid investor made out last week and her plans for today

 

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.

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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