I made this trade 2 minutes ago.
Buy 200 Shares MOMO @ $16.75
Sell to Open 2 MOMO 3/5/21 $17.00 C @ 40¢ (+$80)
This premium is 2.3%.
If assigned I’ll make an additional $25.
This trade is a Risk Factor 1.
This is what Grasshoppers should be looking for. Forget how much money you are making. LEARN, LEARN,LEARN!
Successful trading,
Steve
The Options Coach