vippy
09-13

$ARM Holdings Ltd(ARM)$ To anyone who might be confused by my trades, I own two batches of ARM shares for which I've been selling covered calls. The much larger batch of shares were bought weeks ago and on those shares I previously sold the Sept 20 $145 covered calls and then rolled them back to the Sept 13 $138's for a small credit. I'll be rolling those to a higher strike tomorrow.

The second batch was the 500 shares I bought for $120.89 per share last Wednesday 9/4 and for which I previously sold 5 Sept 6 $123 strike covered calls. After rolling them four times in the last week further out in time and to higher strikes, I'm now sitting on 5 Nov 15 $150 covered calls. So in one week, I'm now up $5.25 in premiums and almost $19 per share with the share price.

Two separate batches, two separate strategies. And that my friends, is how to maximize your gains with ARM.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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