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Re: None

Tuesday, 04/26/2022 11:35:14 AM

Tuesday, April 26, 2022 11:35:14 AM

Post# of 10514
Selling to Open Apr 29 1p
This is a no brainer if you’re looking to buy SNDL. Selling to open aka shorting Apr 29 1p would reduce your cost basis by half if the outs are assigned.

Apr 29 1p are trading at .50

Sell to open 10 contracts and pocket $500 in premium. If the shares are assigned the cost basis on $1000 worth of shares is cut in half by the $500 premium for selling the contracts. And if the shares get assigned, just sell covered calls against the newly acquired shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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