I opened $NIO 20240816 5.5 CALL$  ,NIO: collect 1.6% premium for this covered call on NIO with strike at $5.5 which is 21% higher than current market price. Contract expiry on 16th Aug for 24 days. The selected strike is at around 150 days simple moving average hopefully providing some resistance. NIO had been consolidating between $4 to $5 for the past few weeks and has not seen signs of breaking out either side. Earnings won’t be until 24th Sept so have plenty of time in the meanwhile to wait and collect premium.
NIO CALL
07-23 23:28
US20240816 5.5
SidePriceRealized P&L
Sell
Open
0.09--
Closed
NIO Inc.
# Trade Feed: Who is your favorite star traders?

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.

Report

Comment7

  • Top
  • Latest
  • LeeSJ
    ·07-31
    [Like] [Like] [Like]
    Reply
    Report
  • Awesome covered call strategy on NIO
    Reply
    Report
  • Good plan, hope it works! [Fist bump]
    Reply
    Report
  • 梓坚
    ·08-15
    👍👍
    Reply
    Report
  • 梓坚
    ·08-14
    👍👍
    Reply
    Report
  • 5b1c8a7c
    ·07-24

    学习

    Reply
    Report
  • 梓坚
    ·07-24
    👍👍
    Reply
    Report