Tuesday, September 14. How our fearless, intrepid investor made out yesterday

The second paragraph of last Sunday’s post stated: “As you see below, NVAX shares dropped during the week bringing the value of her shares to $227,078.16. That is, she sustained a loss of $29,492.74. ($285,746.89 minus $227,078.16)”

A sharp-eyed member noted that the correct number for the loss is $58,668.73.

I apologize.

As planned last Sunday, yesterday, our fearless, intrepid investor sold eleven just out-of-the-money covered call contracts, strike price changed to $237.50 from the expected $242.50, expiry date Friday, September 17. (NVAX C 17SEP21 237.50)

Her premium income on the transaction came to

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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