Sold 1 Naked Call on VTRS - Potential income return 1.07% in 15 days

On March 17, 2021, we sold 1 naked call on LI stock expiring on April 01, 2021. For this trade, we got a $19 premium (before commissions).

This trade comes as #113 in the month of March, according to our trading plan for this month, the premium generated from this trade makes us about 0.83% from our $2,000 monthly goal. While in total we have reached already 228.35% so far. Awesome.

here is our trade setup:

  • SLD 1 VTRS APR 01 '21 15.5 Call Option 0.19 USD

what can happen next:

VTRS is trading below our strike price of $15.5  at the expiry date (April 01, 2021), in such case, we keep the premium.

In case VTRS is trading above our strike price of $15,5, we are troubled as we have to deliver 100 shares at the price of USD 15.5, to avoid that we will try to roll up and for credit. Our max gain $16.6or 1.07% potential total income return in 15 days

Break-even: $15.66