Sold 1 Naked Call on AMWL - Potential income return 1.3% in 24 days

In March 23, 2021, we sold 1 naked call on AMWL stock expiring on April 16, 2021. For this trade, we got a $35 premium (before commissions).

This trade comes as #151 in the month of March, according to our trading plan for this month, the premium generated from this trade makes us about 1.63% from our $2,000 monthly goal. While in total we have reached already 296.49% so far. Awesome.

here is our trade setup:

  • SLD 1 AMWL APR 16 '21 25 Call Option 0.35 USD

what can happen next:

AMWL is trading below our strike price of $25 at the expiry date (APR 16, 2021), in such case, we keep the premium.

In case AMWL is trading above our strike price of $25, we are troubled as we have to deliver 100 shares at the price of USD 25, to avoid that we will try to roll up and for credit. Our max gain $32.6 or 1.3% potential total income return in 24 days

Break-even: $25.32