I opened 1 lot(s) $SOFI 20240614 7.0 CALL$  ,I opened 1 lot(s) $SOFI 20240614 7.0 CALL$  ,This is the first covered call I made for sofi as I bought some Sofi at 6.80 so it’s a move to discount of 6.80 to become around 6.71 if it’s do $7 next week I will make almost 0.30 which is around 4% for 10 days not too shabby I feel let’s go


Buying SoFi at $6.82 on Wednesday and selling a $7 call for a premium of $0.08 is a covered call strategy. The technical analysis likely indicated a support level around $6.82, making it a potentially good entry point. Selling the call at $7 suggests an expectation that SoFi might rise modestly but not significantly above $7 by expiry. The premium of $0.08 provides some income, reducing the effective cost basis to $6.74. This strategy limits upside but offers a buffer against downside risk. 📈💼

SOFI CALL
06-05 22:54
US20240614 7.0
SidePrice | FilledRealized P&L
Sell
Open
0.09
1Lot(s)
--
Closed
SoFi Technologies Inc.
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Modify on 2024-06-07 12:38

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  • fuzzyx
    ·06-07
    Nice strategy
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  • maxmax90
    ·06-05
    Sofi rocks
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