SoFI: collect 1.3% premium for these covered call with strike at $15 which is 6% higher than market rate. Contract expires this week on 15th Nov to play a short dated strategy to churn better premium. Risk of being called away is high as SoFi had been rallying. It's also ripe for a pull back or consolidation, depending on market sentiments.
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- cutzi·11-12Sounds like a solid strategy! Just be ready for that potential pullback; it can be volatile.LikeReport