SDC

Credit Spread on SDC – 2.74% potential return in 24 days

SDC bull put
On August 25, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 24 days. Here is our trade setup: BOT 1  SDC  SEP 18 '20 - 7 + 6 Put Bull Spread -0.26 USD    For this trade, we got a premium of 21.20 USD (after commissions) or a 2.74% potential income return in 24 days. These trades come as the #50 and #51 in the month of August…

Roll Forward SDC SEP 11 '20 9.5 Covered Call Option 0.16 USD (23.98% potential income in 97 days)

SDC roll forward
On August 14, 2020 we roll forward 1 covered call on SDC stock  - a position originally established on June 5, 2020 with buying 100 shares with SDC paying $8.83 per share and simultaneously sold $9.00 strike price covered call. See: Covered Call on SDC - Potential income return 6.45% in 7 days SDC stands for SmileDirectClub - a teledentistry company listed…

Naked Put on SDC - Potential income return 6.82% in 25 days

SDC teledentistry
On August 10, 2020, we sold 1 naked put on SDC stock with a strike price at $8 and expiry on September 4. For this trade, we g0t a $0.57 in premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #17 in the month of…

Credit Spread on SDC – 3.31% potential return in 22 days

SDC bull put
On August 6, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 22 days. Here is our trade setup: BOT 1  SDC  AUG 28 '20 - 7.5 + 6 Put Bull Spread -0.28 USD    For this trade, we got a premium of 23.20 USD (after commissions) or a 3.31% potential income return in 22 days. Slightly bit more than a dollar per day. These trades…

Roll Forward SDC AUG 14 '20 9.5 Covered Call Option 0.47 USD (22.44% potential income in 69 days)

SDC bi-weekly optionsteledentistryroll forwardroll up
On July 31, 2020 we roll forward and roll up 1 covered call on SDC stock  - a position originally established on June 5, 2020 with buying 100 shares with SDC paying $8.83 per share and simultaneously sold $9.00 strike price covered call. See: Covered Call on SDC - Potential income return 6.45% in 7 days SDC stands for SmileDirectClub - a teledentistry …

Naked Put on SDC - Potential income return 6.08% in 21 day

SDC teledentistry
On July 24, 2020, we sold 1 naked put on SDC stock with a strike price at $7.5 and expiry on August 14. For this trade, we get a $0.48 in premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #31 in the month of…

Roll Forward SDC JUL 31 '20 9 Covered Call Option 0.29 USD (11.73% potential income in 55 days)

SDC roll forwardbi-weekly options
On July 17, 2020 we roll forwarded 1 covered call on SDC stock  - a position originally established at the start of June with the strike price of $9.00, see: Covered Call on SDC - Potential income return 6.45% in 7 days. For this roll forward covered call we got an additional $29 (before commissions) SDC stands for SmileDirectClub - a teledentistry company…

Naked Put on SDC - Potential income return 5.95% in 22 days

SDC teledentistryTbilisi
On July 2, 2020, we sold 1 naked put on SDC stock with a strike price at $8 and get for that $0.50 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #4 in the month of July, and if we stick with our trading…

Credit Spread on SDC – 2.8% potential return in 16 days

SDC bull put
On June 24, 2020, we sold a bull put credit spread on SDC stock with expiry in the next 16 days. Here is our trade setup: BOT 1  SDC  JUL 10 '20 - 6.5 + 5.5 Put Bull Spread -0.23 USD    For this trade, we got a premium of 18.20 USD (after commissions) or a 2.8% potential income return in 16 days. A bit more than a dollar per day. This trades comes just…

Naked Put on SDC - Potential income return 3.37% in 9 days

SDC teledentistry
On June 23, 2020, we sold 1 naked put on SDC stock with a strike price at $7 and get for that $0.26 premium (before commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  This trade comes as the #21 in the month of June, and if we stick with our trading…

Roll Forward SDC JUL 17 '20 9 Covered Call Option 0.30 USD (8.72% potential income in 41 day)

SDC roll forward
On June 15, 2020 we roll forwarded 1 covered call on SDC stock  - a position originally established earlier at the start of the month with the strike price of $9.00, see: Covered Call on SDC - Potential income return 6.45% in 7 days. For this roll forward covered call we got an additional $30 (before commissions) SDC stands for SmileDirectClub - a …

Covered Call on SDC - Potential income return 6.45% in 7 days

SDC
On June 5, 2020, we bought on margin 110 shares of SDC stock (SmileDirectClub Inc)  paying $8.83 per share and simultaneously sold June 12, 2020 expiry covered call at the strike price of $9 for what we got a premium of $0.4 (before commissions) SDC stands for SmileDirectClub - a teledentistry company listed on Nasdaq. According to Google, it has a market…

Naked Put on SDC - Potential income return 8.24% in 28 days

SDC
On May 29, 2020, we sold 1 naked put on SDC stock with a strike price at $6.5 and get for that $0.536 premium (after commissions) We call these trades naked because we are trading on margin, in case of an assignment we will borrow from broker funds to finance the purchase.  We have been selling puts on SDC stock since the end of April 2020, as our…

SDC – Credit Spread – 7.5% potential return in 23 days

SDC teledentistry
On May 6, 2020, I sold a bull put credit spread on SDC stock with expiry in the next 23 days. Here is my trade setup: BOT 1 SDC MAY 29 '20 - 7 + 5.5 Put Bull Spread -0.53 USD  For this trade, I got a premium of 53 USD (before commissions) or a 7.5% potential income return in 32 days. So what happens next? On expiry day (May 29, 2020) SDC is trading…