Terra Incognita
12-22 21:48
I closed $CVS 20241220 60.0 CALL$  ,

CVS: collected full premium when this covered call expired worthless on 20th Dec. 

CVS dropped another 25% just in Dec itself to close below $45. Really bummer and large loss on the stock when collected small amout of premium. 

This is the reality of wheel strategy when the stock itself is a loser and a value trap. 

Will decide what to do in the coming weeks. 

CVS CALL
12-21 20:36
US20241220 60.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
CVS Health
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