NVAX Stock Down More Than 50% - Still Generate Cashflow | Covered Calls | Cash Secured Puts

1 year ago
26

NOT INVESTMENT ADVICE - EDUCATION AND ENTERTAINMENT PURPOSES ONLY!!!

In this video, I explain how since I initially purchased 100 shares of NVAX stock, it has tanked down to more than 50% lower than it started out at... bought for around $40 per share, currently trading around $16.50... But I'm still able to generate weekly cashflow on this stock due to selling Cash-Secured Puts as it continued to fall in price AND ALSO selling Covered Calls at price points where previous Cash-Secured Puts were assigned.

Long-term continuing to be able to sell options for premium will outweigh unrealized capital loss on paper. We still own the shares, so we can continue to sell options for premium.

Having a tool to closely track our cost basis with and without premium is vital to being able to play this to our advantage.

Get Your FREE Account today at MyATMM.com - 2022.12.08

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