Trade of the week ending 22 November 2024: Profit +$4202
Nov 22, 2024
37 days ago sold 500 contracts Nio (NIO), $4 PUT at $0.09, expired 22 November. Total premium profit after fees $4202. An unusual trade that crossed the earnings announcement - but I've been wanting to pick up some stock at $4 showing good support. But price rose instead so just kept premium.
