Trade of the week ending 24 January 2025: Profit +$4227
Jan 24, 2025
40 days ago sold 571 contracts Nio (NIO), $3.50 PUT at $0.08, expired 24 January. Total premium profit after fees $4227. This was an against the trend trade to pick up NIO at a good price but strong support at around $4 so just kept premium.
