My NEM covered calls were exercised Thursday and I sold the gold miner's stock at a small profit. This week I will sell more NEM puts and may do a bullish NEM vertical call spread trade.
4.10.23. I sold NEM 5.5.23 $48 strike puts for $0.89. RoR will be about 1.747%, or 25.5% ARoR if the same kind of trade with the same RoR can be done 15 times in the next 12 months. The strike delta is -.27. The OTM probability is 69.4%. The IV is 41% and the IV rank is 35/100. RSI at OptionsPlay.com is 10/10, or overbought. If the stock is assigned at the $48 strike price, the net debit will be $47.11. The dividend yield will be about 3.481%.
4.10.23. I sold NEM 5.5.23 $48 strike puts for $0.89. RoR will be about 1.747%, or 25.5% ARoR if the same kind of trade with the same RoR can be done 15 times in the next 12 months. The strike delta is -.27. The OTM probability is 69.4%. The IV is 41% and the IV rank is 35/100. RSI at OptionsPlay.com is 10/10, or overbought. If the stock is assigned at the $48 strike price, the net debit will be $47.11. The dividend yield will be about 3.481%.