WOLF: collect 2.85% premium from this covered calls with strike at $9 which is 43% higher than last close.
Contract expires in 3 weeks on 7th Feb.
WOLF had been seeing bearish momentum and continued to slide. These shares were accumulated last week when cash secured put expired in the money so now is time to sell covered call with intention to dispose them off when price recovers.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
