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Assigned on Cash Secured Put | Continuous Wheel Strategy | 2 Covered Calls & New Cash Secured Put
2 years ago
6
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In this video, we were assigned on our cash secured put from last week on MRVL. This coming week we are able to play BOTH sides again, only 2 contracts for the Covered Call side at our new reduced Cost Basis (website helps track and know what this will be) and we also placed an order to sell another Cash Secured Put at-the-money doubling our premium collected for the week. Should be little over $200 at around $214 for the week for just a few minutes of our time...
Stock Involved:
Marvell Technology Inc ( MRVL )
NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!
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