Description
⋅ SELL PUT OPTIONS AT STRIKE 30 USD (NIO Inc.)
Trade active
⋅ This trade is doing great. Profit is small but the risk was small as well.
Hold it until the option expire. (no protection)
Trade closed: target reached
⋅ This trade results in a profit. Option expired worthless and you keep the premium.
Following my money management with 10 000 USD -this would make 150USD.
(no leverage, so you can cover 333shares at price 30USD.)
Because duration of this trade was only 4 days.The profit here is at pace 136,87%/p.a.