Closed SDC Covered Call with +$211.80 Profit (23.98% yield in 97 days)

On September 11, 2020, our 100 shares of SDC were called away at the strike price of $9.5.

SmileDirectClub is a teledentistry company. The company was co-founded in 2014 by Jordan Katzman and Alex Fenkell. It is based in Nashville, Tennessee.

We have been in this trade since June 5, 2020, when we established this position buying SDC stock at $8.84 and simultaneously selling a covered call, see: Covered Call on SDC - Potential income return 6.45% in 7 days

Since then we did a few roll forwards and roll-ups (from our original strike price of $9 to $9.5)

Our total gain +$211.80, from which +$67 stock appreciation and $144.8 options premiums. 23.98% yield in 97 days

  • Running Total 24 Trades since April 27, 2020

  • Options income: $505