When the market opens at 9:30 AM today, May 3, 2021

Posted on by Milan Somborac

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:

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Dr. Milan Somborac

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