telemedicine

Credit Spread on SmileDirectClub (NASDAQ:SDC) – 1.16% potential income return in 7 days / 60.32% annualized

SDC telemedicine
On November 13, 2020, we sold 2 bull put credit spreads on NASDAQ:SDC stock with an expiry set in the next 7 days. For this trade, we get a premium of $34 (before commissions) These trades come as the #30 and #31 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 5.42% from our $450 monthly goal, while in total we have already reached 168.87% so far. SDC is one of our favorite stocks to trade credit spreads / covered…

Roll Forward Covered Call on SmileDirectClub (NASDAQ:SDC) - Potential income return 16.01% in 37 days (157.85% annualized)

SDC telemedicine
On November 20, 2020, we roll forward a covered call on SmileDirectClub (NASDAQ:SDC)  stock expiring on November 27, 2020. For this trade, we got a $33 premium (before commissions). This trade comes as the #29 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 6.8% from our $450 monthly goal, while in total we have already reached 163.44% so far. here is our trade setup: SLD 1 SDC NOV 27 '20 11 Call Option 0.33 USD…

Credit Spread on AMWL – 3.26% potential income return in 29 days / 41.01% annualized

AMWL telemedicine
On November 19, 2020, we sold a bull put credit spread on AMWL stock with an expiry set in the next 29 days. For this trade, we get a premium of $70 (before commissions) These trades come as the #19 and #20 in the month of November, according to our trading plan for this month, the premium generated from this trade makes us about 14.48% from our $450 monthly goal, while in total we have already reached 91.62% so far. Amwell, formerly known as American Well, is a telemedicine company based in…