NIO: Covered Call
Bought NIO for $11.60
Sold Sept 1,2023 Call for $0.63
Net Debit = 10.97
Return if flat:
0.63 / 10.97
+ 5.7%
Not exactly a 20 cross on sniper stochastics but it does bounce off the 50%. The three lines of the Sniper Stochastics are together as one. This is extra strength.
The OBV is green.
Sold Sept 1,2023 Call for $0.63
Net Debit = 10.97
Return if flat:
0.63 / 10.97
+ 5.7%
Not exactly a 20 cross on sniper stochastics but it does bounce off the 50%. The three lines of the Sniper Stochastics are together as one. This is extra strength.
The OBV is green.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.