NIO

Credit Spread on NIO – 1.85% potential income return in 21 days

NIO Chinese stocks
On August 14, 2020, we sold a bull put credit spread on the NIO stock with an expiry set in the next 21 days. For this trade, we get a premium of $0.27 per share (before commissions) NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.  Here is our trade setup: BOT 1…

Credit Spread on NIO – 1.45% potential income return in 10 days

NIO 10 day expiryChinese stockselectric car stock
On August 11, 2020, we sold a bull put credit spread on the NIO stock with an expiry set in the next 10 days. For this trade, we get a premium of $0.23 per share (before commissions) NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.  Here is our trade setup: BOT 1…