Tbilisi

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 plan for this month, premium generated from this trade makes us about 6.8% from our $700 monthly goal, while in total we have already reached…

Options Trader Club Tbilisi / Georgia

TbilisiOptions Trader Club Tbilisi
I hope Google will index this post and someday options traders from Tbilisi, or traders from abroad, somehow connected to Georgia, will read this and will contact me  In short, I have an idea to create an informal options trader club of Tbilisi - uniting both local and ex-pat traders. King David Tower in Tbilisi Meetings could happen bi-weekly at Marriot, Raddison, or Holliday Inn. Possible topics - covered calls, naked puts and probably live trading sessions, the sky is the limit when…