NIO: collect 3.15% premium from these covered calls with strike at $6
Contract will expire in 5 weeks on 11th April.
Took advantage on the rare bullish counter on Monday amidst most of the selling pressure when the market turned bearish.
Sold fresh calls to collect premium and adjust strike to higher $6.
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- DeltaDrift·2025-03-125 weeks 3.15% premium? Doesn’t sound like a decent trade[Sweats]LikeReport
- DrewStrong·2025-03-11Nice strategy! That premium is sweet! [Cool]LikeReport
