Sold 1 Naked Call on AMWL - Potential income return 3.75% in 177 days

In March 24, 2021, we sold 1 naked call on AMWL stock expiring on September 17, 2021. For this trade, we got a $115 premium (before commissions).

This trade comes as #167 in the month of March, according to our trading plan for this month, the premium generated from this trade makes us about 5.63% from our $2,000 monthly goal. While in total we have reached already 333.74% so far. Awesome.

here is our trade setup:

  • SLD 1 AMWL SEP 17 '21 30 Call Option 1.15 USD

what can happen next:

AMWL is trading below our strike price of $30 at the expiry date (SEP 17, 2021), in such case, we keep the premium.

In case AMWL is trading above our strike price of $30, we are troubled as we have to deliver 100 shares at the price of USD 30, to avoid that we will try to roll up and for credit. Our max gain $112.6 or 3.75% potential total income return in 177 days

Break-even: $31.12