NIO Long The Safer Way 15 strike Nov
Updated
Earning day play:
SELL DOTM PUT NIO 18 NOV22
FOR $2.13
Strike 15 ROI =15/2.13= 14.3 %
Target support zones 13-16 target resistance 27-30
*** 2 outcomes
a) Stocks close above 15 By EXP in November we make an income 14.3%
b) Stock Tanks because of delisting fears or geo political USA china We get the asset stock at 15 strike - credit received $2.13= $12.87
Safety of margin current stock price 22-12.87= 9.13 trade structure safer
Hope it helps
Marc
SELL DOTM PUT NIO 18 NOV22
FOR $2.13
Strike 15 ROI =15/2.13= 14.3 %
Target support zones 13-16 target resistance 27-30
*** 2 outcomes
a) Stocks close above 15 By EXP in November we make an income 14.3%
b) Stock Tanks because of delisting fears or geo political USA china We get the asset stock at 15 strike - credit received $2.13= $12.87
Safety of margin current stock price 22-12.87= 9.13 trade structure safer
Hope it helps
Marc
Note
Hi Everyone in lieu of Todays geoplotical risks with Pelosi visit to Taiwan ...taking profit and running out of this position. Possible chinese retaliation not worth the risk .Reward buy put at 1.06. ROI= credit recv 2.13-106= 1.07/15strike=14.15% ROI thank you and lets run for now...The DOTM Trifecta selling puts is a great strategy for asset accumulation or income but if there is a real delisting risk ...run and lets access later, one can always re enter a dangerous position
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