Credit Spreads

Sold 2 Credit Spreads on Deutsche Lufthansa (FRA:LHA) – 1.91% Potential Income Return In 23 Days

FRA:LHA airline stocks
On November 25, 2020, we sold 2 bull put credit spreads on FRA:LHA stock, set with expiry in the next 23 days (December 18, 2020). For this trade, we got a small EUR 36.84 premium (after commissions) Deutsche Lufthansa AG, commonly known as Lufthansa, is the largest German airline which, when combined with its subsidiaries, is the second-largest airline in Europe in terms of passengers carried. These trades come as the #36 and #37 in the month of November, according to our trading plan for…

Credit Spread on PFE – 0.44% potential income return in 24 days

PFE pharma stocks
On November 24, 2020, we sold a bull put credit spread on PFE stock with an expiry set in the next 24 days. For this trade, we get a premium of $20 (before commissions) These trades come as the #34 and #35 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 3.37% from our $450 monthly goal, while in total we have already reached 242% so far. Here is our trade setup: BOT 1 PFE DEC 18 '20 - 34.5 + 33.5 Put Bull Spread  -0…

Sold 7 Credit Spreads on SOLO – 6.02% potential income return in 25 days

SOLO
On November 23, 2020, we sold 7 bull put credit spreads on SOLO stock with an expiry set in the next 25 days. For this trade, we got a $350 premium (before commissions) ElectraMeccanica Vehicles Corporation is a Canadian designer and manufacturer of environmentally efficient electric vehicles headquartered in Vancouver, British Columbia. Established in 2015, the company’s flagship vehicle is the purpose-built, single-seat three wheeled Electric Vehicle called the SOLO These trades come as the…

Credit Spread on SmileDirectClub (NASDAQ:SDC) – 1.16% potential income return in 7 days / 60.32% annualized

SDC telemedicine
On November 13, 2020, we sold 2 bull put credit spreads on NASDAQ:SDC stock with an expiry set in the next 7 days. For this trade, we get a premium of $34 (before commissions) These trades come as the #30 and #31 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 5.42% from our $450 monthly goal, while in total we have already reached 168.87% so far. SDC is one of our favorite stocks to trade credit spreads / covered…

Sold 3 Credit Spreads on FCEL – 4.8% potential income return in 28 days

FCEL
On November 20, 2020, we sold 3 bull put credit spreads on FCEL stock with an expiry set in the next 28 days. For this trade, we got a $75 premium (before commissions) FCEL - FuelCell Energy, Inc. is a fuel cell power company. It designs, manufactures, operates and services Direct Fuel Cell power plants that run on natural gas and biogas. As the biggest publicly traded fuel cell manufacturer in the U.S., the company operates over 50 plants all over the world These trades come as the #25 and #…

Sold 6 Credit Spreads on BCRX – 8.3% potential return in 28 days (108.14% annualized)

BCRX pharma stocks
On November 20, 2020, we sold 6 bull put credit spreads on BCRX stock with an expiry set in the next 28 days. For this trade, we got a $228 premium (before commissions) BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina. The company is a late stage biotech company that focuses on oral drugs for rare and serious diseases.  These trades come as the #23 and #24 in the month of November, according to our trading plan for this month, the…

Credit Spread on VTRS – 1.17% potential income return in 22 days / 19.41% annualized

VTRS pharma stocks
On November 19, 2020, we sold a bull put credit spread on VTRS stock with an expiry set in the next 29 days. For this trade, we get a premium of $23 (before commissions) These trades come as the #21 and #22 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 4.04% from our $450 monthly goal, while in total we have already reached 95.67% so far. Viatris Inc. is a U.S.-based global healthcare company formed through the…

Credit Spread on AMWL – 3.26% potential income return in 29 days / 41.01% annualized

AMWL telemedicine
On November 19, 2020, we sold a bull put credit spread on AMWL stock with an expiry set in the next 29 days. For this trade, we get a premium of $70 (before commissions) These trades come as the #19 and #20 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 14.48% from our $450 monthly goal, while in total we have already reached 91.62% so far. Amwell, formerly known as American Well, is a telemedicine company based in…

Credit Spread on Air France KLM SA (EPA:AF) - Potential income return 4.1% in 32 days (46.76% annualized)

EPA:AF airline stocks
On November 16, 2020, we sold 3 bull put credit spreads on Air France KLM SA (EPA:AF) stock expiring on December 18 20, 2020. For this trade, we got an EUR 54 premium (before commissions). Air France–KLM S.A., also known as Air France–KLM Group, is a Franco-Dutch airline holding company incorporated under French law with its headquarters at Charles de Gaulle Airport in Tremblay-en-France, near Paris. The group has offices in Montreuil, Seine-Saint-Denis, Paris, and in Amstelveen, Netherlands…

Credit Spread on SmileDirectClub (NASDAQ:SDC) – 3.13% potential income return in 7 days / 162.78% annualized

SDC teledentistry
On November 13, 2020, we sold 2 bull put credit spreads on NASDAQ:SDC stock with an expiry set in the next 7 days. For this trade, we get a premium of $66 (before commissions) These trades come as the #14 and #15 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 12.53% from our $450 monthly goal, while in total we have already reached 53.61% so far. SDC is one of our favorite stocks to trade credit spreads / covered…

Credit Spread on ING Groep (AMS:INGA) – 1.97% Potential Income Return In 36 Days (19.97% annualized)

AMS:INGA dutch stocks
On November 12, 2020, we sold 2 bull put credit spreads on AMS:INGA stock, set with expiry in the next 36 days (December 18, 2020). For this trade, we got a decent EUR 26.84 premium (after commissions) AMS:INGA - The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services…

Credit Spread on ARCC – 1.01% potential income return in 37 days

ARCC
On November 11, 2020, we sold a bull put credit spread on the ARCC stock with an expiry set in the next 37 days. For this trade, we get a premium of $0.20 per share (before commissions) Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S. Prior to this credit spread, we actually bought 20 shares of AARC for my mom's pension fund, and we plan to increase our stake here gradually to 100 by the end of the year…

Credit Spread on Energy Transfer (NYSE:ET) – 2.4% potential income return in 31 days / 28.25% annualized

ET natural gas
On November 10, 2020, we sold 2 bull put credit spreads on Energy Transfer (NYSE:ET) stock with an expiry set in the next 31 days. For this trade, we get a premium of $36 (before commissions) Energy Transfer Partners (now legally Energy Transfer Operating L.P.) is a company engaged in natural gas and propane pipeline transport. It is organized in Delaware and headquartered in Dallas, Texas. It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It owns a 36.4%…

Credit Spread on SmileDirectClub (NASDAQ:SDC) – 2.86% potential income return in 28 days / 37.28% annualized

SDC teledentistry
On November 6, 2020, we sold a bull put credit spread on NASDAQ:SDC stock with an expiry set in the next 28 days. For this trade, we get a premium of $32 (before commissions) These trades come as the #5 and #6 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 6.04% from our $450 monthly goal, while in total we have already reached 18.18% so far. SDC is one of our favorite stocks to trade credit spreads / covered calls…

Credit Spread on Deutsche Lufthansa (FRA:LHA) – 1.69% Potential Income Return In 16 Days (38.55% annualized)

FRA:LHA airline stocks
On November 4, 2020, we sold a bull put credit spread on FRA:LHA stock, set with expiry in the next 16 days (November 20, 2020). For this trade, we got a small EUR 13.42 premium (after commissions) Deutsche Lufthansa AG, commonly known as Lufthansa, is the largest German airline which, when combined with its subsidiaries, is the second largest airline in Europe in terms of passengers carried. These trades come as the #2 and #3 in the month of November, according to our trading plan for this…