Sold 1 Naked Call on AAPL - Potential income return 0.04% in 8 days

On April 1, 2021, we bought 1 naked call bear spread on AAPL stock expiring on April 9, 2021. For this trade, we got a $10 premium (before commissions).

These trades come as the #7 and #8 in the month of March, according to our trading plan for this month, the premium generated from this trade makes us about 0.18% from our $2,800 monthly goal.  While in total we have reached already 5.05% this month so far. Awesome.

here is our trade setup:

  • BOT   1   AAPL    APR 09 '21 + 130 - 128 Call Bear Spread   -0.1  USD

what can happen next:

AAPL is trading below our strike price of $128 at the expiry date (APR 09, 2021), in such case, we keep the premium.

In case AAPL is trading above our strike price of $128, we are troubled as we have to deliver 100 shares at the price of USD 128, to avoid that we will try to roll up and for credit. Our max gain $5.2 or 0.04% potential total income return in 8 days

Break-even: $128.05