Trade of the week ending 28 June 2024: Profit +$3695
Jun 28, 2024
37 days ago sold 572 contracts Nio (NIO), $3.50 PUT at $0.07 expired 28 June. Total premium profit after fees $3695. NIO is clearly in a downtrend and I was keen to own shares at $3.50 but price never dipped below $4 so just kept premium.
