Rejoice stackers!! Selling a $4 put on Fold Stock paid off!!
The stock had some rather peculiar price movements on Friday that made me wonder if the stock was manipulated due to options expiring.
Today Fold dumped the gains it acquired on Friday.
But who cares I wasn’t assigned the contract thus I kept the premium!
50% of the profit goes to the stackers!
With a gain of $65, 50% is $32.50 which is good for:
28,843 Sats into the rewards pool!!
We continue on this journey with opening up another cash covered put. This time we are going up to $5
I might sell another to increase the premium payout if I do I will report out accordingly!
@remindme in 25 days