Sold 1 Naked Call on AAPL - Potential income return 0.0816% in 3 days

On March 29, 2021, we bought 1 naked call bear spread on AAPL stock expiring on April 1, 2021. For this trade, we got a $15 premium (before commissions).

These trades come as the #189 and #190 in the month of March, according to our trading plan for this month, the premium generated from this trade makes us about 0.51% from our $2,000 monthly goal.  While in total we have reached already 236.06% so far. Awesome.

here is our trade setup:

  • BOT   1   AAPL    APR 01 '21 + 127 - 125 Call Bear Spread   -0.15  USD

what can happen next:

AAPL is trading below our strike price of $125 at the expiry date (APR 01, 2021), in such case, we keep the premium.

In case AAPL is trading above our strike price of $125, we are troubled as we have to deliver 100 shares at the price of USD 125, to avoid that we will try to roll up and for credit. Our max gain $10.2 or 0.0861% potential total income return in 3 days

Break-even: $125.10