I picked up 200 shares of QID around $46.74 and sold April $47 strikes for $1.20 to rake in about $230 today. This is a 2.5% return in under 10 days with options expiry happening next Friday! We’ll see how the trade pans out.
This website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor its authors assume any responsibility arising from the use or misuse of any information presented in this blog. You are urged to contact a financial adviser before making any investment decisions. Past performance is no indication of future performance.