First, note that we are now offering our yearly subscription for $12. Please refer investor friends and relatives to our program.
Next, let us revisit our fearless, intrepid investor’s “fun” portfolio.
Since her 1,700 shares were called away last Friday, August 13, yesterday, she bought NVAX shares again.
She took $90,000 out of her “fun” portfolio for personal reasons and decided to buy 1,000 shares of NVAX.
That cost her $247,555.00.
The order was filled within seconds. Transaction costs were under $10, that is, investors can ignore transaction costs on six-figure trades.
The expense to an investment bank for such transactions? Pennies! There is never any need to feel badly for a Wall Street investment bank when it comes to making money.
She then sold ten NVAX covered call contracts
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