Chasing 15% over next 2 weeks
F seems to be stuck at price bottom…trading a tight range
Investment: Covered call play, sell strike $5 May29 2020 calls on shares of Ford, collect option premium when they expire.
Seeking ROI : 9%
Length of play 2-3 weeks
Capital needed: min $500
Reasoning: Bearish market, Ford stuck in tight range, expect shares to stay below $5 till option expiry
Action Trigger: Immediately
Standard Disclaimer: I’m just sharing a strategy on The Investor Bulletin. Caveat Emptor, for education purposes only.