First, regarding our covered call sales last Monday, April 26, 2021, expiry date Friday, April 30, Novavax (NVAX) rose above our strike price. That allowed us $2.39 per share for growth in addition to the $11.50 per share premium.
We made more before breakfast last Monday than I ever did in two weeks of practising dentistry! Our shares were called away.
Our core portfolios which have a 50/50 asset allocation between SPDR S&P 500 ETF Trust (SPY) and a money market fund (TDB 166), earned a much more modest premium and did not get called away.
Here is what Rosi and I plan to do in our “fun” portfolio when the market opens at 9:30 AM today, May 3, 2021: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