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6% to 8% ROI in Less Than 2 Months Using Cash Secured Puts and Covered Calls, Stock Below Cost Basis
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Both of our positions expired worthless, meaning we were able to pocket both sides' premiums. Stock currently trading above cost basis, so we decided to try and sell all shares to get out with no capital gain or loss and pocket our premium for a 6% to 8% ROI in less than 2 months.
We made a mistake in video calculating the ROI because we failed to include the collateral we used while running our cash secured puts while we were simultaneously running our covered calls... but the ROI range of 6% to 8% is now close enough, because we actually traded this ticker for less than 2 months anyways...
Stock Involved:
Bath & Body Works (BBWI)
NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!
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