Trading plan for September 2020 (Option trades & Stock Buys)

OAARCPFE trading plan
Here at OptionsBrew.com, we believe a trading plan is already a 66% key to success. Without further ado, here is our trade plan for the upcoming month of September 2020. We are looking to buy an additional 12 shares of PFE for our Partnership fund. At the end of the month, we should have 57 PFE stocks - once we will have 100 shares of PFE we will start…

Credit Spread on ARCC – 1.08% potential income return in 37 days

AARC dividend stocks
On August 12, 2020, we sold a bull put credit spread on the ARCC stock with an expiry set in the next 37 days. For this trade, we get a premium of $0.20 per share (before commissions) Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S. Prior to this credit spread, we…